Can the set of intervals between mined blocks in the Bitcoin blockchain, forming “Block Time,” be used as an analytical tool for predicting the price of Bitcoin? Some experts think so.

Mining difficulty is one of the main parameters of the Bitcoin (BTC) blockchain. It determines how difficult it is for miners to solve a mathematical problem in order to add a new block to the blockchain and receive a reward. This difficulty mechanism ensures stability in the process of adding new blocks. To do this, it is automatically adjusted every 2016 blocks so that the interval between mining each new block is approximately 10 minutes. That is, with an interval of 10 minutes, this happens approximately every 2 weeks.

It is adjusted as follows: the more miners join the Bitcoin network, the higher the mining difficulty becomes, and vice versa. This mechanism is key to maintaining the security of the Bitcoin network and protecting it from attacks.

This algorithm forms the basis of the deflationary model of the asset, and the event itself is very important for the blockchain and, historically, the price of the asset behaves in a certain cyclical manner.

An analyst under the pseudonym “Root,” who specializes in studying the Bitcoin blockchain, published an interesting graphical confirmation of this on his Twitter page. In particular, he recalled the existence of an unusual representation of the usual Bitcoin price chart, which is called the “Bitcoin Macro Spiral Clock.”

According to Root, this chart depicts the cyclical nature of Bitcoin's price lows and highs with amazing accuracy, allowing one to predict the next peak.

“Blockchain clocks show that the price of Bitcoin in each cycle reaches its maximum and minimum at the same time. This is just a brain explosion!” Root wrote.

The center of the “clock” and the beginning of the spiral is the “birth” of Bitcoin – 2009, when the cost of the coin was $0. At the same time, the starting point of time is the so-called “halving” (halving) - an event in the Bitcoin network that occurs every four years, after which the reward for each block mined during mining in the Bitcoin network is halved. For this reason, a complete revolution of the spiral takes approximately 4 years or 210,000 blocks.

Shan Belew, founder of analytics site LookIntoLitecoin, took a closer look at the implications of this phenomenon by commenting on Root's post. Belew noticed that the last two price lows and highs occurred at almost the same block time.

“The Spiral chart of Bitcoin shows that the last two lows and highs coincided in block time. If this repeats in the next cycle, the next high will be October 24, 2025 and the low will be October 23, 2026. Added dates to the chart,” wrote Shan Belew.

If you project the face of a regular clock onto the chart, you can see that the “Bitcoin Macro Spiral Clock” currently shows approximately 9:45. The last two highs mentioned were around 4:30 and the lows were around 7:30. The best bullruns start after 1:30 (about six months after the halving)

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