ChainCatcher Message, Bitcoin Magazine CEO David Bailey expressed his views on social media, believing that this Bitcoin bull market cycle may be significantly prolonged, breaking traditional market cycle patterns.

Bailey pointed out that historically, Bitcoin halvings typically see an approximately 18-month "NgU" (Number Go Up, price rise) phase. However, with the current halving occurring 6 months ago, he believes this influx of capital is unlikely to peak within 12 months. Instead, Bailey predicts that this bull market cycle may need to last 3 to 4 years before a cooling period occurs.