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The 4-year cycle coincides closely with the BTC 4-year cycle:
On December 5, 2013, five ministry documents were issued, and at that time BTC was just at the price peak of around 1100U, which was followed by a continuous decline that initiated a bear market with significant volatility.
On September 4, 2017, a document was issued by seven ministries, causing the BTC price to plummet, then rebound again, marking the peak of a bull market that lasted for more than two months.
On September 24, 2021, a document was issued by ten ministries, and on the same day, BTC fell by 10%. After a few days of fluctuations, a bull market lasting more than a month began and then peaked.
On November 29, 2025, 13 ministry documents were issued again, and the BTC daily line fell again, with a small decline.
It can be seen that the impact of such policy documents on the price of BTC is becoming smaller and smaller. And this time? According to the previous rhythm, it should first drop a bit before continuing to rebound. A good market trend is brewing.