Final nail in the 4-year cycle? BTC ends year after halving in the red
Bitcoin has concluded the year following its halving event with a decline in value, marking a significant shift in its typical four-year market cycle. Historically, Bitcoin tends to experience price increases in the year after a halving, but this year has seen a downturn instead. Analysts are questioning whether this trend signals the end of the traditional four-year cycle that has characterized Bitcoin's price movements. The current market sentiment is cautious, with investors reassessing their strategies in light of the unexpected performance. Overall, the situation raises concerns about the future trajectory of Bitcoin and the broader cryptocurrency market.
Read the full article: Coin Telegraph