BlockBeats News, on November 8th, David Bailey, CEO of Bitcoin Magazine, shared his unique insights on the Bitcoin market on social media. He stated that this round of the Bitcoin bull market cycle will be significantly prolonged. Historical data shows that Bitcoin experiences an 'NgU' (Number Go Up, price increase) phenomenon for about 18 months after a halving, and we have already completed a 6-month journey. Bailey believes that this influx of funds is unlikely to peak in the next 12 months; it may require a bull market cycle of 3 to 4 years before we see a cooling period in the market.

What does this mean? For cryptocurrency enthusiasts and investors, this may be a signal worth paying attention to. Although market volatility is inevitable, a long bull market cycle may provide investors with more time to develop strategies and adjust their portfolios. Of course, the future of the market is always full of uncertainties, so maintaining rationality and caution is still key.

In this dynamic market, what are your views on the Bitcoin trend in the coming years? Feel free to share your thoughts and predictions in the comments section, and let's discuss this exciting topic together! 📈

Whether you are a novice or a seasoned player, participating in discussions is a great way to understand market dynamics. Let's keep an eye on the cryptocurrency story and gain deeper insights into the future development of the blockchain industry!