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Most people think Bitcoin’s 4-year cycle is dead, but the data suggests otherwise.
Bitcoin is still following the same cycle, it’s just maturing. As the market grows, upside returns become smaller, but so do the crashes.
Bear market drawdowns have gone from -93% to -86%, -84%, and -77%. This cycle, Bitcoin is down about 53% so far.
The 4-year cycle isn’t dead. It’s evolving.
And with the next halving less than 2 years away, the long-term pattern remains intact.
#bitcoin