Deep Tide TechFlow News, on November 8, Bitcoin Magazine CEO David Bailey expressed his views on social media, suggesting that the current Bitcoin bull market cycle may be significantly prolonged, breaking traditional market cycle patterns.

Bailey pointed out that historically, Bitcoin halving is usually followed by an 'NgU' (Number Go Up, price increase) phase lasting about 18 months. However, with the current halving having occurred 6 months ago, he believes that this influx of capital is unlikely to peak within 12 months. Instead, Bailey predicts that this bull market cycle may need to last for 3 to 4 years before a cooling period occurs.