# BTC Bull cycle

**Published by:** [punkrider.eth](https://paragraph.com/@punkrider/)
**Published on:** 2023-09-25
**URL:** https://paragraph.com/@punkrider/btc-bull-cycle

## Content

Delphi’s analysis draws attention to the inherent cyclical nature of the cryptocurrency market. This cyclicality is demonstrated by the timing between peak-to-trough bottoms, recovery periods to previous cycle highs and the timing of price rallies to new cycle tops. Using Bitcoin as a benchmark, Delphi outlines the general blueprint of a cryptocurrency market cycle. These four-D (log scale) reflecting four-year cycles. Source: Delphi Digitalyear cycles include Bitcoin hitting a new ATH, experiencing an approximate 80% drawdown, then a bottom around one year later. This tends to be followed by a two-year recovery to prior highs and, finally, a price rally for another year leading to a new all-time high.

## Publication Information

- [punkrider.eth](https://paragraph.com/@punkrider/): Publication homepage
- [All Posts](https://paragraph.com/@punkrider/): More posts from this publication
- [RSS Feed](https://api.paragraph.com/blogs/rss/@punkrider): Subscribe to updates