The four-year cycle folks are surely having their day, as bitcoin (BTC) in 2026 is crashing as they expected it to, based on what happened in 2014, 2018, and 2022.
Those who argue against the four-year cycle point out that there's already more than 19 million bitcoin in circulation.
The halving events of today thus have very little effect on supply, so they shouldn't affect the price that much.
Nevertheless, the halving epoch that began in April 2024 to this point is kind of playing out as the four-year cycle proponents expected.
There's also surely some sentiment pumping to push the price down so people can buy in cheap again.
The four-year cycle folks are surely having their day, as bitcoin (BTC) in 2026 is crashing as they expected it to, based on what happened in 2014, 2018, and 2022.
To review, Bitcoin's four-year cycle refers to what many believe is recurring historical pattern of boom and bust tied to the network's "halving" events, at which the block reward is cut in half roughly every four years.
The cycle typically begins a major bull run in the year following a halving, a bear market peak, and a bottom about 12 to 13 months later — which in this case means somewhere around October 2026.
Those who argue against the four-year cycle point out that there's already more than 19 million bitcoin in circulation. The halving events of today thus have very little effect on supply, so they shouldn't affect the price that much.
Nevertheless, the halving epoch that began in April 2024 to this point is kind of playing out as the four-year cycle proponents expected.
"Bitcoin has always been operating in 4-year cycles where it crashes at the end," posted levelsio on X. "2014, 2018, 2022, 2026. It's actually great because every 4th year people really get super sad and give up on it. There's also surely some sentiment pumping to push the price down so people can buy in cheap again. The next cycle up is 2027-2031."
"Yep," replied Coinbase CEO Brian Armstrong minutes ago.