Why do people keep talking about the “four-year cycle” in the crypto market?
First, what do these terms mean? A bull market usually refers to a period of sustained price increases and generally optimistic sentiment, while a bear market refers to a period of sustained declines and generally pessimistic sentiment.
Why does this happen? A “cycle” is a pattern inferred from past market movements, not a rule written into the protocol. With limited historical data and constantly changing conditions, past patterns don’t necessarily repeat in the future.
Many people use the price movements of $BTC to describe the current phase of the entire crypto market. Current price: 81595.13.
Understanding the principles can help you avoid pitfalls, but it can’t replace risk management.