{"id":125169,"date":"2025-03-16T10:20:05","date_gmt":"2025-03-16T10:20:05","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125169"},"modified":"2025-03-16T10:20:05","modified_gmt":"2025-03-16T10:20:05","slug":"bitcoin-experiencing-shakeout-not-end-of-4-year-cycle-analysts","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125169","title":{"rendered":"Bitcoin experiencing \u201cshakeout\u201d not end of 4-year cycle: analysts"},"content":{"rendered":"

Source: Cointelegraph.com NewsBitcoin\u2019s historic bull cycle is still intact, despite widespread investor fear over the current correction, which may only be a temporary \u201cshakeout\u201d ahead of the next leg up, according to crypto market analysts.
\nBitcoin\u2019s (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump\u2019s inauguration, Cointelegraph Markets Pro data shows.
\nDespite investor sentiment dropping into \u201cExtreme Fear\u201d multiple times, historic chart patterns suggest that this may just be a price shakeout \u2014 a sudden price drop caused by multiple investors exiting their positions, preceded by a sudden price recovery.
\n\u201cSeveral key technical indicators have turned bearish, leading to speculation that the bull cycle may be ending prematurely,\u201d Bitfinex analysts told Cointelegraph.
\nBTC\/USD, 1-year chart. Source: Cointelegraph\u201cDespite this, Bitcoin\u2019s 4-year cycle remains an important factor, historically shaping price movements,\u201d said the analysts, adding:
\n\u201cCorrections within bull cycles are normal, and past trends suggest that this may be a shakeout rather than the start of a prolonged bear market.\u201d
\nHowever, the launch of the US spot Bitcoin exchange-traded funds (ETFs), which temporarily surpassed $125 billion in cumulative holdings, along with the growing institutional crypto investments make it \u201cclear that the conventional cycle ceases to exist,\u201d the analysts added.
\nRelated: Bitcoin needs weekly close above $81K to avoid downside ahead of FOMC
\nIn an optimistic sign for price action, Bitcoin staged a daily close above $84,000 on March 15, for the first time in over a week since March 8, TradingView data shows.
\nBTC\/USD, 1-day chart. Source: TradingView\u00a0However, due to Bitcoin\u2019s correlation with traditional financial markets, BTC may only find a bottom along with equity markets, particularly the S&P 500, said Bitfinex analysts, adding:
\n\u201cWhile $72,000\u2013$73,000 remains a key support range, the broader market narrative, especially global treasury yields and equity trends, will dictate Bitcoin\u2019s next major move.”
\n\u201cTrade wars have already been priced in, to some extent, but prolonged economic strain could weigh on sentiment,\u201d the analysts added.
\nRelated: Rising $219B stablecoin supply signals mid-bull cycle, not market top
\nBitcoin halving and four-year cycle still crucial for price action: Nexo analyst
\nDespite fears over a disrupted Bitcoin bull market, the four-year cycle, along with the Bitcoin halving event, remain crucial for Bitcoin\u2019s price action, according to Iliya Kalchev, dispatch analyst at Nexo digital asset investment platform.
\n\u201cBitcoin\u2019s four-year compound annual growth rate (CAGR) has declined to a record low of 8%, posing questions about whether its traditional four-year cycle remains valid,\u201d Kalchev told Cointelegraph, adding:
\n\u201cAlthough strong institutional adoption over the past year has served as a significant tailwind for Bitcoin, its halving events are still expected to exert long-term influence.\u201d
\nThe 2024 Bitcoin halving reduced the Bitcoin network\u2019s block reward to 3.125 BTC per block.
\nBTC\/USD, 1-day chart since 2024 halving. Source: TradingView\u00a0Bitcoin price is up over 31% since the last halving occurred on April 20, 2024, which was coined the \u201cmost bullish\u201d setup for Bitcoin price, partly because of the growing institutional interest in the world\u2019s first cryptocurrency.
\nMagazine: SEC\u2019s U-turn on crypto leaves key questions unansweredRead More<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Source: Cointelegraph.com NewsBitcoin\u2019s historic bull cycle is still intact, despite widespread investor fear over the current correction, which may only be a temporary \u201cshakeout\u201d ahead of the next leg up,… <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125169"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125169"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125169\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125169"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}