There is a popular belief in the cryptocurrency community that everything happens in cycles. And in principle, this is difficult to refute: economic theory and history show that there are economic cycles that repeat century after century.

The same applies to the cryptocurrency market, with the difference that the cycles in crypto are shorter and amount to 4 years in retrospect.

The cycles depend on the Bitcoin halving 🪙 (so it is believed) - this is a process when Bitcoin mining becomes twice as difficult, which increases its value, and the price begins to rise, which entails the growth of other cryptocurrencies.

This has already happened 3 times... will there be a fourth time?

It's easy to judge cycles when you look back, but no one can guarantee that the process will repeat itself. However, there has been a huge amount of money invested in cryptocurrency, many large companies, including Tesla, have purchased Bitcoin, so at this point it is in no one's interest to prevent this from happening again. How many times this will happen again in the future is another question, but personally I believe it will happen again.

We are currently in the last stage of the market before the halving: the market is trending sideways within a certain price range

We have less than a year left, so I recommend everyone to increase their assets during drawdowns, be sure to have some Bitcoin in their portfolio (the survey showed not the most optimistic data regarding diversification), and, of course, understand the risks and buy carefully and gradually!

When you understand the prospects of the market, know how to manage your capital and know what the market movement depends on, you understand this logic and can easily build your path for 5-10 years - then there is no fear of investing.

Historical data cannot predict the future, but we do have a basis for guidance and forecasting.