Bitcoin’s 4-Year Rhythm Is Still Playing Out, Says Crypto CEO
A countertrend rally that pushed Bitcoin to $82,800 has done little to change one analyst’s bearish outlook — because he says the bounce itself is proof the pattern is repeating. Related Reading: When Bitcoin Gets Ignored, It Tends To Rally The Hardest, Analyst Says What The Charts Are Showing Benjamin Cowen, founder and CEO of Into The Cryptoverse, points to a recurring rejection at the 200-day simple moving average as a key signal. The same thing happened in 2018 and 2022, and both times it came just before the final leg down. Cowen also noted that some countertrend rallies in past....
Related News
Last year, when the non-fungible token (NFT) industry was frothing over, the 137-year-old playing card manufacturer Bicycle issued NFTs called the Genesis Collection and in June, Bicycle purchased Bored Ape Yacht Club #1,227. Bicycle and parent company Cartamundi Group announced on Tuesday that the playing card firm plans to launch a classic Bicycle card deck featuring the company’s Bored Ape. Bicycle Plans to Create a Bored Ape-Themed Playing Card Deck and a Physical Deck for the Genesis Collection The company that started making playing cards in 1885, Bicycle, has plans to....
Bitcoin’s long-term structure has always been examined through the perspective of its halving cycle, and one crypto pundit believes the pattern is pointing to a clear price bottom. The analysis centers on a recurring time-based rhythm tied to each halving event, and it proposes a specific window for when accumulation could begin again. Crypto pundit […]
A crypto analyst is raising questions over whether the famous four-year cycle theory that has governed Bitcoin’s (BTC) market trajectory in the past is now dead. The expert has shared BTC’s price movements and investor trends to prove that the cycle theory is still very much alive and playing out in the current market cycle. […]
Dogecoin is once again in the spotlight after analyst ETHERNASYONAL shared a new post on X about the coin’s next move. In his post, he shows that Dogecoin is now in its 3rd market cycle, and the pattern looks a lot like what happened before the last two big rallies. He says Dogecoin is moving in the same rhythm as before, showing signs that it could be getting ready for another substantial rise. But this time, he points out one big difference, the timing. According to him, history doesn’t really repeat itself; it just continues in rhythm. The setup looks the same, but the next move might....
According to Markus Thielen, head of research at 10x Research, Bitcoin’s familiar four-year cycle still exists, but what drives that rhythm has changed. He told listeners on The Wolf Of All Streets Podcast that the calendar timing of halvings is no longer the main force. Instead, election timing, central bank moves and where money flows now matter more. Related Reading: Bitcoin Headed For $200 Trillion? CEO Makes Bold Prediction Shift From Halving To Politics And Liquidity Thielen highlighted that Bitcoin’s major peaks in 2013, 2017, and 2021 all happened in the fourth quarter, and he....