Let\u2019s see what it looks like compared with the last two bull runsPhoto by Andr\u00e9 Fran\u00e7ois McKenzie on UnsplashFirst of all, we must agree that there is a cycle in every economy. We can say that it is consists of the bull phase where the price of an asset is going upward and the bearish period where the price is going downward.That is a rule. What is going up must go down and vise versa.The same applies to cryptocurrencies and Bitcoin.In the crypto market, this cycle has a period of 4 years. The event that triggers the transition from the bearish to the bullish phase is the Bitcoin halving event.Bitcoin halving event occurs after 210,000 blocks are generated, and that takes approximately 4 years.In 2016, on July 9, the halving event occurs and the price of bitcoin was $646. Exactly one year later the price was $2555. That is 3.8 times the price from the halving.Then a correction happens, and on December 17, a new ATH occurs. We saw the peak of the cycle with the BTC price at $19,266.That is a total of 29 times the price from the halving event.In 2020 on May 11, the last halving event occurs, with BTC price having a value of $8476. After one year the price went to approx. $48000. That is a multiplier of 5.6.Let\u2019s look at some other interesting facts. In the beginning, Bitcoin was an unknown asset. Few people knew it, and fewer were involved.I was asking people if they knew it. The result was that two out of ten people knew it, but only one in a hundred has invested.Now everyone knows BTC, and a lot of people have invested.Before the last halving event, the CEO from Banks was negative and told that BTC was a scam.Now they\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Let\u2019s see what it looks like compared with the last two bull runsPhoto by Andr\u00e9 Fran\u00e7ois McKenzie on UnsplashFirst of all, we must agree that there [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/4625"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=4625"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/4625\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=4625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=4625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=4625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}