Bitcoin’s (CRYPTO: BTC) four-year growth cycle, historically used by traders to time market peaks and corrections, continues to follow a trend of diminishing returns.
Bitcoin Slows Since April 2024 Halving
The first halving cycle saw extreme appreciation, with the price exploding over 5000%, as shown below. The gains have progressively fallen in the subsequent cycles, with the apex cryptocurrency returning only 91% since the April 2024 halving.
But is it rational to expect such volatility cycle after cycle?
Cycle | Start Price (Halving) | End Price (Next Cycle/Peak) | Total Gain (%) | Nasdaq Composite Gains In A Similar Period |
2012–2016 | $12.53 | $666.52 | 5219.39% | 65.68% |
2016–2020 | $666.52 | $8,756.43 | 1213.75% | 85.45% |
2020–2024 | $8,756.43 | $63,843.57 | 629.105% | 66.25% |
2024–Current | $63,843.57 | $122,080 | 91.2174% | 40.3612% |
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