Bitcoin’s Bull Cycle Has Accelerated By 100 Days
1 min read
Bitcoin’s bull market cycle has accelerated, running 100 days ahead of its typical four-year cycle, according to a new report by CoinMarketCap (CMC). Bitcoin (BTC) is potentially on the verge of breaking its traditional four-year cycle and entering a supercycle, CMC stated in its third-quarter market research report released on October 3. According to CMC Research, several factors indicate Bitcoin’s potential entrance into a supercycle, driven by institutional adoption, BTC exchange-traded funds (ETFs), and evolving market dynamics. Bitcoin’s four-year cycle is a crucial concept reflecting the cryptocurrency’s market dynamics. This cycle is closely tied to Bitcoin halving events, which cut
Source: CryptoIntelligence
