UNDERSTANDING BITCOIN CYCLES AND THEIR SIGNIFICANCE

I've been browsing around here, trying to find a discussion that really breaks down what Bitcoin cycles are all about, but I still feel a bit lost on the whole thing. I’ve picked up a few tidbits, but I’m hoping for more clarity on this topic. So, from what I've gathered, the Bitcoin market cycle is basically the pattern of price movements we see in Bitcoin, where values go up and down over time. This happens because of how people in the market act, like buying and selling, plus it’s affected by a bunch of factors such as market sentiment, changes in regulations, tech advancements, and the overall economy. These cycles tend to unfold over about four years. There are four main stages in a Bitcoin market cycle: Stage 1 Accumulation This is when prices are pretty low, but you start to see little hints of growth. Smart buyers jump in to grab Bitcoin while it’s cheap, making this time a golden opportunity to invest. Usually, the market feels bearish during this phase, so trading volume is slim and prices bounce around in a narrow range near the bottom. Stage 2 Growth Here, prices push up towards the previous all-time highs. In past cycles, halving events have happened during this phase, aligning with a drop in exchange reserves as buyers snap up Bitcoin in hopes of selling at even higher prices later.

Halving is the prime trigger of this market cycle. After halving bitcoin market attracts more adapters and then upcoming year would be full of bull run which may end in bubble region. 1st halving in 2012  --> $1200 happened in 2013 2nd halving in 2016 -->  $20k happened in 2017 3rd halving in 2020 -->  $63k happened in 2021 4th halving in 2024 -->  Bubble again will happen 2025 For convenient of understanding this, we may see the cycle from bubble or halving or crash. One way is: Bubble--> crash--> recovery(accumulation)--> growth(halving)--> bubble again. In halving year, bitcoin usually recovers and trades around ATH level. The next year of halving is bullish year where ATH of cycle does happen. All markets are known for surprises. It means, this cycle may get disturbed for any reason even with this current cycle as well.

This is educating and I appreciate this explanation too. There can still be a practical experiences you can share. At least you have been on this forum since the past almost 12 years ago and I know you've had a lot of experiences and at least have been through 3 cycles (theoretically, by literature) of bitcoin (at 4 years per cycle). I am pretty sure that this duration is not fixed but I am already tired of speaking about a term I am not mastering enough. I still hope to learn better on this Bitcoin cycle. Bitcoin has been pretty bullish for some time now after a protracted Dip. We've also seen a more stable bitcoin chat at between $102k to $109k before the dip and subsequent surge to a continuous ATH. Have I been able to witness the four stages of bitcoin cycle which literature reviewed to happen in 4 years already??