【Market cycles aren’t a four-year countdown】
Accumulation, markup, distribution, and decline are a framework for understanding market behavior—not a script that every cycle must follow in order.
Halvings change the rate of new Bitcoin supply, but don’t guarantee that prices will rise afterward; liquidity, demand, leverage, and regulation also affect market trends.
Market phases often only become clear in hindsight. Rather than betting on turning points based on dates, watch trading volume, funding conditions, and price structure—and set a risk limit in advance.
A similar past doesn’t mean the future will repeat it.
#MarketCycles