Member-only story
The New Bitcoin Four Year Cycle
Preface
Part 4 is the final part of the Bitcoin Halving series and focuses on addressing Bitcoin’s new Four Year Cycle.
I use the cyclicality of Bitcoin’s previous Four Year Cycles to deduce what could lie ahead for Bitcoin’s price in 2021. I also offer an extrapolation of this entire new Four Year Cycle.
While Part 3 offered some exponential price targets for Bitcoin based on historical performance, Part 4 will offer arguably a more conservative target area.
In case you missed them, feel free to access Part 1, Part 2, and Part 3.
Part 4
Bitcoin — The Four Year Cycle
I first started sharing my thoughts on the Bitcoin Four Year Cycle in early March 2020:
The most important technical step Bitcoin needed to make by the end of 2020 was to eclipse its previous high of $13,900.
And Bitcoin did just that and more.
Bitcoin decisively eclipsed $20,000 and finished 2020 on a high note by reaching $29,500.
The previous Bitcoin Four Year Cycle is over.
A new Bitcoin Four Year Cycle begins.