O que é Market cycle?
The observed pattern of multi-year expansions and contractions in Bitcoin's price, often anchored to the halving schedule.
Bitcoin has had a handful of cycles that look broadly similar in shape, which invites the conclusion that they are periodic. Four observations is a very small sample for that conclusion.
Cycle framing is a reasonable heuristic for expecting volatility in both directions. It is not a schedule, and treating it as one has cost people money in both directions.
A pattern with four instances is a hypothesis, not a law. Cycle-based date targets are numerology with a chart attached.
Termos relacionados
Halving
The scheduled 50% reduction of the block subsidy, occurring every 210,000 blocks — roughly every four years.
MercadosBull market
A sustained period of rising prices and strong sentiment.
MercadosBear market
A sustained period of falling prices and weak sentiment. In Bitcoin these have historically lasted a year or…
MercadosStock-to-flow
A model relating an asset's existing supply to its annual new production, applied to Bitcoin to argue for…
Esta definição faz parte do glossário da Bitcoin Logical. Para a explicação completa, comece por Aprender, ou veja os números ao vivo em O Sinal Bitcoin.