Part 3/12:
The discussion then shifts to Bitcoin’s cyclical nature, relying on data and indexed charts that compare current performance with past cycles. Since the April 2021 all-time high, Bitcoin has mirrored previous patterns observed in 2013–2017 and the 2018–2021 cycle, illustrating a compelling similarity and suggesting we're near the peak or a critical turning point.
A notable point here is that, despite some opinions claiming the halving event's effect is negligible, historical patterns suggest otherwise. The convergence of current market behaviors with previous cycles reinforces the narrative that the halving will impact supply dynamics significantly.