The $BTC market is experiencing unusual volatility in this cycle, and most people are not ready for what may happen.
Typically, the cryptocurrency market follows a 4-year cycle. Bitcoin halving (an event that reduces the amount of Bitcoin rewarded to miners by half) takes place, and about 6 months later, Bitcoin price skyrockets to new record highs, followed by a strong growth of altcoins (alternative cryptocurrencies). Bitcoin history may not repeat itself exactly, but it always bears surprising similarities.
However, it is important to remember that Bitcoin always acts on its own and often goes against what people predict. Just when everyone believes they know what Bitcoin will do next, that is when it acts completely differently.
The Bitcoin market may be entering a completely different phase, where the old rules no longer apply. Such sudden movements raise the question of whether we are witnessing the last cycle of Bitcoin before it enters a new phase with completely different characteristics.
This is a time when investors need to be more cautious than ever and should not rely on past patterns or trends to make decisions.