Godfish: Bitcoin may pull back and then slowly enter a new rising cycle

Yuchi F2Pool founder Shenyu said today: Historically, Bitcoin has been halved every four years, basically coinciding with Bitcoin's bull market cycle. Historical experience is that a year or so after the halving, there will be a clear rise in the market. From an economic point of view, this matter is possible, but there is no special basis. Around the Spring Festival, the price of bitcoin rose from six to seven thousand to about ten thousand. After this stage, it may experience a large callback and then slowly enter a new round of rising cycles. Although this history does not simply repeat, this periodic event cannot be ruled out.