Bitcoin Magazine CEO: This round of Bitcoin bull market cycle may significantly extend to 3-4 years.
Bitcoin Magazine CEO David Bailey expressed his views on social media, believing that this round of Bitcoin bull market cycle may significantly extend, breaking the traditional market cycle rules.
Bailey pointed out that historically, after Bitcoin halves, there is usually an approximately 18-month "NgU" (Number Go Up, price increase) phase. However, the current halving has passed 6 months and he believes it's unlikely for this wave of capital inflow to peak within 12 months. On the contrary, Bailey predicts that this bull market cycle may need to last for 3 to 4 years before a cooling-off period appears.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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