In today’s briefing:
- Crypto Moves #53 – Are Markets Stupid? The 4-Year Bitcoin Cycle Strikes Again
Crypto Moves #53 – Are Markets Stupid? The 4-Year Bitcoin Cycle Strikes Again
- In the second edition of Crypto Moves, published almost exactly a year ago, I shared this conviction:“Perhaps the only thing you want to know is: Do we expect the Bitcoin halving to cause a new run?”“The short answer is yes.
- In this edition of Crypto Moves, we assess Bitcoin’s current position in its historical 4-year cycle. The 4-year cycle is fundamentally tied to Bitcoin’s halvings, which occurs roughly every four years and halves the mining block reward.
- This process has now taken place four times, reducing the reward from 50 bitcoins per block to just 3.125 bitcoins per block.