The current cycle has now reached roughly 1,053 days, close to the length of previous major Bitcoin expansion phases. Past cycles also saw brutal drawdowns after their peaks, ranging from roughly 53% to 86%. That doesn’t mean Bitcoin must repeat the same pattern. But when cycle timing, historical drawdowns and the long-term cycle model start pointing in the same direction, I think it’s worth paying attention. The uncomfortable question should be if we are closer to the next major accumulation phase than we think, or is the hardest part of the correction still ahead? I guess we will never truly know till… the market tells us. DYOR!
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