Market Cycle

The repeating pattern of accumulation, expansion, distribution and decline.

Trading & Markets Also called four-year cycle, crypto cycle

Crypto’s cycle is often mapped to the four-year halving rhythm: a quiet accumulation phase, a markup into new highs, a distribution top, then a long decline.

Past cycles rhymed closely, but each one has drawn in different participants. Spot ETFs and institutional flows have changed the shape of the most recent one.

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