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Patience awaits Bitcoin's final dance.
Bitcoin has emerged from the bear market downtrend since the end of 2023 and has re-entered an upward cycle. So far, it has experienced three major waves of rise, and the final wave of increase is currently brewing.
From the trend pattern, every time the price breaks through, it will consolidate sideways for a few months, and then start to rise again around October. Whether it is 2023, 2024, or the upcoming year, it all fits this rhythm. In fact, the last cycle was the same - it broke through in October 2020 and then surged all the way up, indicating that such cyclical patterns do indeed exist.
Why is it said that the upcoming market trend is the last dance???
According to the four-year cycle of Bitcoin, we are currently in the final stage, and it is expected that the last major upward wave will arrive in the fourth quarter of this year. Historically, the major peaks of Bitcoin have typically occurred in the fourth quarter.
For example
In November 2013, it surged to 1163.
December 2017 to 19891
November 2021 to 69000
Considering the rhythm, it is highly likely that a new high point will also appear in November or December in this round, followed by an entry into a downward cycle.
As for how high it can rise, no one can say for sure, but what we can be certain of is that the cycle will not disappear, it will only repeat.
The declines in the past few rounds of bear markets are gradually narrowing:
In 2014, it dropped by 87%.
Dropped 84% in 2018
Dropped 77% in 2022
This is normal; the larger the market capitalization, the smaller the fluctuations naturally are. Following this trend, the retracement in 2026 will be milder than in 2022.
The market has its ups and downs, which is a natural law. Since the rise comes in cycles, future pullbacks will also follow this rhythm.
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