BlockBeats news, November 8, Bitcoin Magazine CEO David Bailey stated on his social platform, "This round of the Bitcoin bull market cycle will be significantly extended. Historically, there is about 18 months of 'NgU' (Number Go Up, price increase) after the halving. We have already passed 6 months. It is now certain that this wave of capital inflow cannot peak within 12 months. It may take 3 to 4 years of a bull market cycle before a cooling period occurs."