CoinVoice has learned that CZ, while attending an interview at the main venue of the Binance Blockchain Week in Dubai, stated that he cannot predict the future but can analyze history. Historically, Bitcoin has gone through very clear four-year cycles. 2013 and 2017 were bull markets. However, 2012 was a 'recovery year', which many people do not trace back that far. 2016 was also a 'recovery year', and in 2017, it soared. 2020 was similarly a 'recovery year', and 2021 was a bull market.
Therefore, based on the current analysis, 2024 should also be a 'recovery year'. As for what will happen next year, it is unclear, but in the long run, he remains very optimistic about the entire industry. [Original link]
