Categories: Analysis

How to Get Rich in This Bitcoin Boom Cycle

In December 2022, I made a bold prediction: cryptocurrencies will skyrocket and Bitcoin will rise more than 100% in 2023.

At the time, this claim seemed bold to the most dedicated cryptocurrency enthusiasts, while it seemed completely stupid to almost everyone else.

Bitcoin (BTC USD) was trading below $17,000. In the last two years it had collapsed by 75%. And the biggest personality in the industry – Sam Bankman-Fried from FTX – had just been arrested for fraud.

It looked like the book on cryptos was finally coming to an end.

We didn’t see it that way.

While most other investors ran away from Bitcoin and cryptos at the end of 2022, we ran towards them. We told our subscribers that the bottom had been reached and that it was time to move aggressively.

Since then, Bitcoin has risen 280%, ether (ETH-USD) has exploded by 180%, and Solana (SOL USD) has risen by more than 1,200%.

Our call turned out to be quite prescient – ​​and profitable.

So how did we do it?

By understanding crypto cycles.

Understanding Crypto Market Cycles

Crypto markets fluctuate between large upswings and downturns associated with halving events.

Every four years, Bitcoin experiences a halving event, in which the amount of Bitcoin mined per transaction is reduced by half. Consequently, Bitcoin’s supply production drops by 50%. This mechanism is crucial because Bitcoin is based on the principle of limited supply.

Therefore, it is to be expected that Bitcoin will take hold Boom cycles as these halving events approach. It would also be expected that Bitcoin will find its way into it Breast cycles when these events are far away.

What is surprising, however, is the extent to which Bitcoin sticks to these halving-related cycles.

Since 2011, Bitcoin has exhibited a nearly identical pattern every four years.

The cycle typically begins with a boom about 12 months before a halving and continues for about 12 months afterward. Then Bitcoin peaks and crashes by about 80% over the next two years. It bottoms out about 12 months before the subsequent halving and then begins another boom cycle.

This pattern repeated itself not once, not twice, not three times, but four times.

We are currently in the fourth crypto boom cycle.

This analysis of the crypto cycle allowed us to reach the bottom at the end of 2022, when everyone else was afraid to touch Bitcoin.

That’s why we are Despite it just banging on the table with cryptos.

The fourth crypto boom cycle

This boom cycle, which we call the fourth crypto boom cycle, is far from over.

The fourth Bitcoin halving is not expected until April. Boom cycles typically last at least 12 months after these halving events. This means the fourth crypto boom cycle is likely more than 13 months away.

And these 13 months could prove to be the most lucrative of this boom cycle.

That’s exactly how these cycles work.

Bitcoin rises significantly in the first half of the boom, in the 12 months before the halving. However, in the second half of the boom, i.e. in the following twelve months, Bitcoin really rose.

Consider the following:

  • During the first boom cycle, Bitcoin rose 500% in the first half and then rose more than 9,000% in the second half of the cycle.
  • In the second boom cycle, Bitcoin initially recovered by around 100% and then rose by almost 3,000% in the second half of the cycle.
  • And during the third boom cycle, Bitcoin initially rose 35% and then shot up almost 500% in the second half of the cycle.

Returns in the second half of a crypto boom cycle tend to be an order of magnitude higher than returns in the first half.

The last word

Bitcoin is up over 100% so far in the first half of the fourth crypto boom cycle. And history suggests it could rise more than 1,000% in the next 12 months.

No, it is not too late to buy cryptos.

You didn’t miss the boat. The train didn’t leave the station.

There is still time to potentially get rich in this crypto boom cycle.

That’s why we’ve just issued new buy warnings on several cryptocurrencies that we believe are primed to soar in the second half of the fourth crypto boom cycle.

Don’t miss out on potentially lucrative opportunities – Find out their names and ticker symbols Before These cryptos are exploding.

trade now; This information is too valuable to miss!

At the time of publication, Luke Lango did not hold, directly or indirectly, any positions in the securities mentioned in this article.

PS: You can keep up to date with Luke’s latest market analysis by reading our daily notes! Check out the latest edition on your Innovation investor or Early stage investor Subscriber page.

David Brooks

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