This Bitcoin Cheat Sheet Will Help You Succeed in Crypto in 2024

A look at the Bitcoin cheat sheet that outlines BTC’s historical market cycles. Based on this chart, we can get a better idea of what the outlook for 2024 and 2025 looks like as we approach the Bitcoin halving. The chart is discussed in the context of the four-year cycle, Bitcoin halvings, and the various historically repeating price trends we’ve seen for BTC (e.g., pre-halving pullbacks, bear market bottom accumulation ranges, etc.)

Phases of the Four-Year Cycle:

Bear Market Phase: There is usually a price decline phase every few years, such as in 2022, 2018, and 2014. These years are the second candlestick (candle 2) in the four-year cycle, and prices fall sharply until they reach a bear market bottom.

Pre-Bull Market Phase: Years following a bear market (e.g., 2015, 2012, 2019, and 2023) usually see sideways price movement in preparation for the next bull market.

Halving: These years (such as 2016, 2020, and 2024) are the years of Bitcoin halving, and usually see the price break through the resistance of the three-year cycle and reach new historical highs.

Bull peak: These years (such as 2013, 2017, 2021, and 2025) are usually the peak of the bull market, and the price will reach the highest point during this period.

Current market analysis:

2023: It is considered to be the pre-bull stage, and the price is sideways.

2024: It is the halving, and the price breaks the historical high, and it is expected to see further increases.

2025: It is expected to be the peak of the bull market, and the price may reach a new historical high.

Market trend:

Pre-bull stage: Prices usually go sideways first, and then rise under the influence of the halving.

Rise after halving: Halving events usually lead to a decrease in supply and an increase in demand, which drives prices up.

Bull peak: Prices are expected to rise rapidly at the peak of the bull market, reaching new historical highs.

Future Outlook:

2024 and 2025: Expect significant price increases, especially after the halving event.

Long-term Trend: Bitcoin prices may experience short-term corrections after reaching highs at the peak of the bull run, but the overall trend remains bullish.