Is The Bitcoin 4-Year Cycle Theory Still Intact? If Yes, Here's When The Top Is Coming

Zinger Key Points
  • Stockmoney Lizards noted that the Bitcoin cycles repeat in the way they play out.
  • Technical analyst CryptoCon thinks Bitcoin is still in its acceleration phase in this cycle.
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Bitcoin's BTC/USD volatile performance in the past few weeks has traders debating over whether the four-year cycle theory remains still intact.

What Happened: Trader CryptoCon on Friday said he is hopeful the four-year cycle theory lives on.

He pointed out that the high in March 2024 was the first deviation from the original cycle, with new all-time highs occurring approximately a year earlier than usual. A second early top was observed in June, which ended up as a lower high compared to the March top.

Despite these deviations, CryptoCon believes it’s still possible for everything to turn out as it has in the past. He referred to the BitTime and Halving Cycles Theory, which predicts a first top in June 2025 and a final top in December 2025, mirroring the second cycle from 2014 to 2017.

Also Read: If Bitcoin Drops 15%, This Popular Dogcoin Will Crater 40%, Trader Warns

Why It Matters: Voicing a similar opinion, crypto trader Stockmoney Lizards noted Bitcoin cycles are repeating. He states that it starts with an all-time high and then moves to a correction and bear market rally phase.

From the bear market phase, it goes to the bear market bottom and then to the uptrend and consolidation phase. Finally, it reaches the new all-time high again. The trader based his cycle analysis on the Fibonacci sequence in technical chart analysis.

In his chart depiction, Bitcoin’s 2014 to 2018 cycle rallied 2,200%, while the 2017 to 2021 cycle had a 450% rally. For the 2021 to 2025 phase, the trader predicts a 150% rally, with the final peak post-September 2024 until late 2025.

What’s Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.

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Image: Shutterstock

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