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Author: Admin | 2025-04-28
Chart may easily assume the price of Bitcoin has been in a bear market since Q2 of this year.This observation would not be entirely inaccurate if you were looking at a traditional financial asset or index, where a bear market is defined by a 15% – 20% decline.But in the case of Bitcoin, it is possible to have a traditional “mini” bull and bear market cycles within a mega cycle.This is the reason why we are using log prices after all and why we should differentiate between normal cycles vs mega cycles when it comes to Bitcoin.We hope this concept is clear because according to the log price chart of Bitcoin, the current bearish trend may best described as a bullish consolidation before the next stratospheric leg up is made.Of course we are assuming that historical patterns will continue to play out. But given the uncanny near-identical resemblance of these patterns it is hard to believe it will not play out in a similar way this time around as well.The majority of outperformance tends to happen after the halving of BitcoinUnlike Litecoin, Bitcoin’s price really starts to go into overdrive after the halving, as may be seen in the blue-shaded areas of the charts above.Nonetheless, long-term investors (HODLERS) would probably maximise their ROI by accumulating long exposures to Bitcoin before the halving period.The conditions to support a stratospheric rise in the price of Bitcoin are ripe1. Global macro conditions are breaking down;2. Geopolitical tensions and protectionism are on the rise;3.
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