Bitcoin cycles based on historical chronology.
◾BTC price has reached a new all-time high.
◾BTC then suffers a painful drawdown of about 80%.
◾Price eventually bottoms almost exactly one year after the previous cycle's high.
◾Bitcoin is starting to recover and it takes about two years for it to reach a new all-time high.
◾BTC continues to rise for another year before reaching its next cycle high.
◾Then the cycle repeats.
