Bitcoin Historic cycle and the Bitcoin Business Cycle

11 oct 2019

Here is a few ideas in one chart,

a parabolic curve that is inside the channel bitcoin has been following year after year.
Looking at the 4 year halving(halvening) cycle leading to a parabolic run up in price.

On this chart we see both previous cycles from previous halving events overlayed to give a few ideas what could happen if history were to rhym again.

Bitcoin Business Cycle
0.0 cycles]: 2009-01-03 19:15:05
0.25 cycles]: 2011-02-28 04:48:26 Minor $1-$30
0.5 cycles]: 2013-04-23 15:21:47 Sig bubble to 266
0.75 cycles]: 2015-06-18 00:55:08 Minor bottom
1.0 cycles]: 2017-08-11 10:28:30 Major segwit bullrun
1.25 cycles]: 2019-10-05 20:01:51 Minor Repo Market meltdown?
1.5 cycles]: 2021-11-29 04:35:12 Sig
1.75 cycles]: 2024-01-23 14:08:34 Minor
2.0 cycles]: 2026-03-18 23:41:55 Major

more on business and economic cycles see martin armstrongs work armstrongeconomics.com/the-business-cycle/