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Today at 03:59:01 AM |
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It may not be fully dead, but it isn't completely the old 4-year cycle anymore. In the first place, there was already an ATH shortly before the last halving. That's not part of the 4-year cycle that we used to know. Also, I'm optimistic that another ATH will be hit within the year. If that happens, then it's another big change in the 4-year cycle.
Other than that, it seems the 4-year cycle is still alive. And the downturn this time around didn't really arrive earlier. If we take a look at the past ATHs, they occur around 1.5 years from the halving. After that, correction follows.
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