⚡Bitcoin and its Spiral Clock⚡
🌀 The "Bitcoin spiral clock" is a graphical representation that shows its price cycles over time. It uses a spiral to illustrate how it has evolved in different phases of its market cycle that are generally associated with #halving (halving of the reward per mined block).
🔄 This event, scheduled approximately every four years, has a significant impact on the supply of new units and can therefore influence its price as in the different phases of the cycle:
🔸Accumulation: Post-halving period where the price is relatively stable.
🔸Rise: The price begins to rise as interest and demand increases.
🔸Euphoria: The price reaches historical highs, driven by speculation and high demand.
🔸Correction: The price corrects and stabilizes, starting a new market cycle.
⏰ This helps investors and analysts observe and understand cycles, allowing them to make informed decisions based on historical patterns. The phases are marked by recurring psychological states of investors, which adds a layer of emotional analysis to market behavior.
⌛ Dear reader, we have reached 1:30 on the spiral clock of #Bitcoin . Between 1:30 and 4:30 is when the true magic of the most perfectly designed architecture in cryptography happens, giving life and meaning to the authentic internet of money.
