The cryptocurrency market follows a cycle of four years, which is based on the cycle of events of Bitcoin, the mother coin. As we know, Bitcoin undergoes halving every four years, which results in a significant increase in the cryptocurrency market with many tokens and coins.
Therefore, cryptocurrency experts advise us to understand the cryptocurrency circulation environment so that we do not fall into the disadvantage of not selling our coins when we believe they will rise but they end up decreasing.
Bitcoin halving is expected to occur in 2024, and it is anticipated that the cryptocurrency market will rise even higher than the previous halving in 2020, where Bitcoin reached $150 million per coin after the event.
During the four years of Bitcoin halving events, two years were marked by a market collapse, while the other two years saw a significant market rise. This trend is technically called bullish.#BullmarketIn2024