a parabolic curve that is inside the channel bitcoin has been following year after year. Looking at the 4 year halving(halvening) cycle leading to a parabolic run up in price.
On this chart we see both previous cycles from previous halving events overlayed to give a few ideas what could happen if history were to rhym again.
Bitcoin Business Cycle 0.0 cycles]: 2009-01-03 19:15:05 0.25 cycles]: 2011-02-28 04:48:26 Minor $1-$30 0.5 cycles]: 2013-04-23 15:21:47 Sig bubble to 266 0.75 cycles]: 2015-06-18 00:55:08 Minor bottom 1.0 cycles]: 2017-08-11 10:28:30 Major segwit bullrun 1.25 cycles]: 2019-10-05 20:01:51 Minor Repo Market meltdown? 1.5 cycles]: 2021-11-29 04:35:12 Sig 1.75 cycles]: 2024-01-23 14:08:34 Minor 2.0 cycles]: 2026-03-18 23:41:55 Major
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