Been looking for a solid explanation of Bitcoin cycles and still kinda confused... What’s the real meaning behind it? I know it involves ups and downs, but it feels like I’m missing some details. Can someone break this down for me?
Halving is like the key player in this whole cycle thing. After each halving, there’s always a surge in interest, leading to those crazy bull runs. Just look at the past: the 2012 halving kicked off a run to $1200, then 2016 led us to $20k, and 2020 to $63k. So, if history holds, after the next halving in 2024, we might see another bubble in 2025. The pattern usually goes like this: bubble, crash, recovery, growth, then bubble again.
I like what you’re saying! But can you share some personal experiences? You’ve been around for almost 12 years, right? Three cycles sounds wild! I get it’s not a set timeline, but I’d love to hear how you’ve seen things play out. Bitcoin’s been super bullish lately after a long dip, and I’m just trying to wrap my head around all these cycles.