right

Since last August, I’ve been saying one thing clearly: Bitcoin could not afford to lose the $108,000 level. If that level broke, we were entering a bearish cycle — and it wasn’t going to be easy.
I’m not a guru. I don’t have a crystal ball.
But I spend a lot of time studying Bitcoin cycles.
I understand Halvings.
I understand mining costs.
I understand leverage.
But most importantly — I understand cycles.
And if you truly understand cycles, you understand Bitcoin.
📊 The Power of the Halving Cycles
Bitcoin goes through a Halving every 4 years.
Each Halving creates a new cycle.
If you look at historical data, something very interesting appears:
The first cycle peaked early.
The following cycles peaked at almost the same timing.
Every major low happened roughly one year after the peak.
Now look at the current cycle.
It’s smaller.
And that’s not random.
Each Bitcoin cycle has been smaller than the previous one.
📉 Bitcoin Is Inflationary and Logarithmic
This part is very important.
Bitcoin behaves like a scarce asset — similar to gold or premium real estate. So over time, it follows inflation because supply is limited.
But it also follows a logarithmic pattern.
What does that mean?
It means each cycle grows… but less aggressively than before.
Why?
Because the bigger Bitcoin becomes, the harder it is to push it higher. When an asset reaches hundreds of billions in market cap, it requires massive capital inflows to move the price significantly.
At the beginning, Halvings reduced mining rewards dramatically — which caused explosive price growth.
Now?
The reduction is much smaller compared to it total supply. The impact is still there — b
ut not as powerful as before.
{spot}(ETHUSDT)