Latest news: Binance founder Zhao Changpeng stated at the bitcoinmena conference today that the four-year cycle theory may have ended, and we might be entering a super cycle!
The Bitcoin four-year cycle refers to the regular fluctuations in its price and market sentiment, usually related to the 'block reward halving' event. Approximately every four years, the Bitcoin mining reward is halved, leading to a decrease in the speed of new coin supply. Historical data shows that after halving, the reduction in supply combined with increased demand often drives prices into a bull market, followed by market overheating and adjustments, forming a bear market, and this cycle repeats.
Disclaimer: Readers are advised to strictly comply with the laws and regulations of their location. This article does not constitute any investment advice! The cryptocurrency market carries high risks; please assess your personal risk tolerance rationally.
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