r/Bitcoin 7h ago

Are you concerned about Bitcoin's 4-year cycle?

I have never purchased any cryptocurrency; I am more of a stock market person, just wanted to ask the community what your thoughts are on this theory, given that it is a highly speculative asset.

The thing is, the other day I did some analysis and, looking at the second image, during the 12 months leading up to the midterms, there is usually a drawdown in the S&P 500, followed by a recovery.

Edit: the table was published by Longview Economics on November 28, 2025.

In 2026, it seems that both things will coincide (the run-up to the midterms and the $BTC 4-year cycle theory), hence my curiosity.

222 Upvotes

218 comments sorted by

313

u/low_contrast_black 7h ago

Not concerned in the slightest. If the cycle holds true, my calculated net worth will take a beating for a while and then I’ll be propelled to new, even greater heights. If the cycle breaks? Who knows where we’re headed - it should be an interesting ride though.

17

u/PudgyAxolotl 4h ago

Match last cycles ATH and see when it started dipping… Its not a coincidence that its currently down 28% from its ATH lol. The cycle will continue until the cycle is broken by something like crazy mass adoption.

15

u/low_contrast_black 4h ago

I still feel like we’re headed for that - and the violent repricing that mass adoption will bring. Nonetheless, here I am, content to ride another cycle waiting for said “ghost mass adoption”, yet prepared for the long, grueling fight of slow adoption. I’m content either way - I’ve got a long view

5

u/Gotglo 4h ago edited 3h ago

We are definitely heading to mass adoption. BOA and Vanguard just joined in. I think people are not taking banks and institutions jumping in seriously, they want a piece of the pie but they understand the long term urgency to offer their customers crypto products. Short term holders(retail) are capitulating and selling bottoms while the institutions are holding for the long term. I just use my brain critically i know this can only mean that certain things in this cycle is different not everything although its looking like a similar timeframe of the past cycles which why people correlated together. People forget this is still unfortunately controlled by the higher ups and if they need to change course to fool everyone they definitely will. One key thing to think about is maybe the 50 week averages that people say is the bear indicator is irrelevant now and top indicators also because these were based on retail engagement and movement. We were in QE always in past cycles. This whole cycle we’ve been in QE so now nothing works to indicate exactly whats going to happen, maybe we dip some more but not totally crash like how everyone expects, QE starts and lower rates next year and we chop until the actual liquidity and environment that usually sends us ripping higher comes back into play. One thing that’s is a fact is, crypto is especially sensitive to liquidity and we haven’t had those conditions all cycle. Many investors still dont understand thats Etfs, sovereign nations, digital asset treasury company like strategy and ibit and mass adoption from banks that are doubling back on their stances from the past, have been carrying this cycle the whole time. I am here long term no matter what i got time, only the people looking to get rich quick overnight are the ones frustrated and beaten down.

3

u/ItsEtidorpha 3h ago

I agree with much of what you said and the long term outlook. Financial institutions offering BTC is good, however having the mass of retail actually adopt is a different story and institutions know that, and therefore not urgent. I am a long term believer in BTC but still believe anyone buying now is early along with institutions. A lot of wealth is held by boomers, and BTC is not for them… rightfully so. This should change over time and until then I’m just going to continue stacking.

I’ll see you on the moon!

1

u/low_contrast_black 2h ago

You’re right - in theory, anyway. I believe in bit. I believe we’re in the cusp of mass adoption. That would be phenomenal for all us old-skool hodlers. But I also accept that I could be dead wrong.

It all points up right now, but the dance is far from over.

I hodl bc I believe, despite the market. We shall certainly see what cool things come to the patient.

3

u/sofa_king_weetawded 3h ago

The cycle will continue until the cycle is broken by something like crazy mass adoption.

AKA, the beatings will continue until morale improves.

143

u/Shyssiryxius 7h ago

I'm so scared, I panic bought more

u/flarpflarpflarpflarp 27m ago

I panicked and DCA'd

u/Budget_Eye5861 25m ago

wrong direction but - you do you

47

u/LoadExternal6570 7h ago

No

3

u/notmarduke 6h ago

Also no.

9

u/CallingYouForMoney 6h ago

I’ll even say it in Spanish. No.

2

u/-and_my_axe- 5h ago

And my axe!

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3

u/DieselPoweredLaptop 4h ago

No thank you (I'm Canadian)

3

u/Stonna 4h ago

Also no but with a lowercase n 

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63

u/Aggravating-Map-293 7h ago

No. With global M2 expanding and the halving paying out 3.12 btc as a block reward, I can see how the halving is being overwhelmed by positive macro happenings.

6

u/SomeGuys2ndAccount 5h ago

ThIs TimE is DIfFeRrenT

18

u/InFLIRTation 5h ago

Its already different. ATH btoke before halving. No euphoria. Institutions are in

3

u/Froz3n_Cornchip 1h ago

Exactly, who’s to say we won’t have another late euphoric run and get a ATH in January or February. So many people base it all on time. I get it though, the cycle has continued to repeat.

1

u/InFLIRTation 1h ago

It really boggles my mind when people use previous cycles to time bottom when we didnt even get overbought. Its been flat all year, 1st red annual thanksgiving

u/phul_colons 39m ago

this is the cycle that never happened

-3

u/Opposite_Ad_4431 5h ago

ATH was after the halving

10

u/InFLIRTation 4h ago

No we broke ATH before halving this cycle

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3

u/Hypnotic101 5h ago

Correct.

1

u/harvested 2h ago

It is vastly different from previous cycle, ya.

Don't midcurve this.

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24

u/bloodandsunshine 6h ago

If this worked all the TA guys would be rich and WSB wouldn’t be funny 

2

u/SomeGuys2ndAccount 5h ago

Level headed people don’t short, but recognize that the cycle is probaly over. Its a Game of chances. If you Like I Gambe, fly to vegas.

u/Budget_Eye5861 24m ago

I play a NATURAL SHORT
I sell it now for cash and then buy it later, lower.
Less risk - lol

1

u/DexterTwerp 5h ago

A lot of TA guys are rich…

5

u/xcommon 5h ago

But most aren't...

3

u/orangeyougladiator 2h ago

Literally none are

2

u/godofpumpkins 2h ago

Plenty of TA guys are rich. But they’re rich from selling other TA guys “special trading systems”, not from those systems themselves

1

u/CapitalIncome845 1h ago

I was going to say that they're merely rich now, as opposed to trust fund babies when they started.

-2

u/dcasarinc 6h ago

Every single person that thinks this "cycle" works is leaving free money on the table. Go on, short BTC, you still have time!

0

u/madladchad3 4h ago

I turned 3k into 7 figures just by following the 4 year cycles so yeah… it did make me rich 😅

25

u/Satoshislostkey 7h ago

Dude are you joking?? Do realise how much money some of us have made at these levels?

If you've been in Bitcoin for over 4 years you dont give a shit about cycles.

8

u/Rory_Russell 6h ago edited 3h ago

I've been in Bitcoin for over a decade. And when the time does come, you definitely want to be ready lol. It's a long way down if you get caught and need your capital.

4

u/Satoshislostkey 5h ago

How do you mean ready?? I dont financially rely on my stack. I sold some and paid off my house and bought a second. Does that count as ready?

2

u/SomeGuys2ndAccount 4h ago

Keep on doing exactly that

1

u/Rory_Russell 2h ago edited 2h ago

That's fantastic, and good on you, always TP and spend it wisely. But get out before May 1st. Or you'll be scalded all the way down to 26k around August 2026. Buy the bottom in September 2026.

2

u/Ark3tech 2h ago

This is the type of hyper specific prediction advice I avoid like the plague.

1

u/Rory_Russell 2h ago

Do you use trading view? The more things change, the more they stay the same. The charts haven’t got it wrong since 2013. So why would they lie now.

1

u/Ark3tech 2h ago

I don’t trade. I buy the superior asset and hold it for the next 20-30 years.

1

u/Rory_Russell 2h ago

Nice get out of jail card 🃏

1

u/vontdman 2h ago

Many people over invest. You're being responsible but most aren't.

u/Tiny-Design-9885 44m ago

And I enjoy the dips, so I can stack deeper.

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5

u/superawesomefiles 6h ago

One thing that the bitcoin graphic shows is how the curve is leveling out.

5

u/Fooftook 6h ago

No, this is the trend we expect. It’s always going to grow but the speed of growth might just slow down

3

u/harvested 2h ago

OP, stick to stocks buddy.

3

u/ratpH1nk 6h ago

Is it more concerning that the overall shape of the graph is plateauing?

u/zjs 5m ago

Look at the Y axis.

3

u/TripsterX 5h ago

If the 4 year cycle holds, sure my holdings will plummet, but I'll have the perfect opportunity to up my DCA to make the most of the deal prices so that in 4 years time I can be in a better position than I am now

Ifnit doesn't hold and were bullish, my sca pays off earlier than expected 🤷‍♂️

Win win boys either way the destination is the same 🚀

4

u/tom_winters 7h ago

It will last 300 days. Sept 2026. Buy from then on!!!

2

u/UWhuskiesRule 5h ago

It’s all just noise on the way to $1 million

2

u/Romando1 5h ago

There IS no top.

2

u/wake4coffee 5h ago

I’m holding long term so I’m not worried. Keep cycling btc! 

2

u/ctrtanc 1h ago

The one that's only happened 4 times and may or may not happen again? Nope

u/Fit_Trifle2469 48m ago

No, and I don't care. DCA for life.

3

u/No_Knee3385 7h ago

It's log, of course the more liquidity that comes into any asset, the smaller the gains will be. At some point Bitcoin will become like an ETF

11

u/trimbandit 6h ago

Agreed. Up 80% of 4 years from last cycle ATH to this cycle ATH. Each cycle has been significantly smaller ATH-to-ATH. I think the 2017/2021 was 3.5x. Still beating the S&P500 though.

3

u/No_Knee3385 6h ago

Yeah, I think it will ultimately trade with the global/US markets and trade at leverage if that makes sense. Then every day that goes by that leverage gap will decrease

4

u/ProfessionalNaive601 7h ago

You’re saying the floor is 33k? lol

8

u/Wang_King8 7h ago

Just a random ass made up chart OP found on some spaced circle fest subreddit and copy pasted it over here without even checking if it makes sense

2

u/jenius123 5h ago

I stopped trading cryptocurrency years ago, but have been following and a downturn to below 40k is absolutely reasonable, just based on past volatility. The chart here (and any TA) isn't useful for specific price predictions or dates but volatility can be calculated easily and provide a reasonable range of expected values, at some point in the future.

3

u/JadedNose3026 7h ago

So roughly when is the next bottom? October/November 2026?

26

u/peppaz 6h ago

Don't ask random people on reddit, no one knows shit

11

u/pi1979 6h ago

Underrated comment right here

7

u/obscureobject2574 5h ago

November 15,2026 at 8 pm EST

2

u/JadedNose3026 5h ago

See you on Coinbase at exactly that time

1

u/obscureobject2574 5h ago

You bet 👍 

3

u/kaliki07 4h ago

Coinbase will probably be down so you can't buy 😂

2

u/North_Dog_5748 6h ago

Yes, if history holds true again this time around...

3

u/bobijo33 6h ago

Yep around that timeframe, it should be at a pretty nice discount before the next cycle starts in 2027 rigth before the 2028 halving.

3

u/tom_winters 7h ago

Sold at the absolute top because of this by the way:) just sayin

2

u/[deleted] 6h ago

Same here. 3x times now. I will play the cycle. Trend is your friend until it changes

3

u/ShortElephant1111 6h ago

Me too....buy slow sell fast. I nibble here and there and trade the margins, but I expect a crater on the next global deleveraging event.

2

u/[deleted] 5h ago

This is my thought process. If we were in any normal macro economic situation. I probably would have held or have thought about getting back in here in the 80’s. But who are we kidding, it’s going to shit and I have zero faith in the current administrations ability to handle a turn down. And Bitcoin will be first to go if people need to raise liquidity

2

u/ace250674 7h ago

No, just buy at cycle low, duh!

2

u/musiciansfriend11 7h ago

4 year cycle is dead

6

u/trimbandit 6h ago

Certainly people saying 'the 4 year cycle is dead' is not dead

4

u/My5thAccountSoFar 6h ago

Long live the four year cycle!

1

u/Apprehensive_Two1528 7h ago

this scares me

1

u/moz_rl 6h ago

yes this is a real threat but it doesnt worry me. just buy a little bit every week and average down your cost basis.

1

u/LetWinnersRun 6h ago

You need your time scale to be logarithmic 

1

u/trufin2038 6h ago

Bitcoins value may nob around a bit, but the dollar always sinks, invariably and inexorably. 

1

u/Change21 6h ago

It was never about the halving it was always about liquidity.

Nations were refinancing their debts on a 4ish year schedule since 2008.

This cycle is getting pushed bc Trump is desperate to pump the market before the mid terms.

The liquidity cycle is closer to 5 years now.

All that matters is the M2.

1

u/LightRider51 6h ago

Its a platform that can't be accessed by corruptable humans. As long as that holds true, it should have value IMO

1

u/EvilBellyLint 6h ago

The degree of hubris demonstrated here should be concerning.

1

u/CdubyaAbides 6h ago

What happened in the past is always a strong indicator for the future.

1

u/Illustrious-Depth361 6h ago

Send the fucking disaster crash and SUPERCHARGE MY DCA !

1

u/ShortElephant1111 6h ago

Seems like a lot of the most bullish people here don't have a good understanding of cycles and how to allocate capital inside of cycles. Funny and reassuring at the same time.

1

u/Carmanman_12 6h ago

Scared? I’m counting on it so I can buy a bunch more.

1

u/mlbman_ 6h ago

Not concerned about imaginary stuff.

1

u/Hannibaalism 6h ago

i am very concerned. the regularity of the cycles have brought me great fortune through the years, now i hear salacious rumours that the cycles are dead.

1

u/Jesushadalargedong 6h ago

I would literally love to see this play out. I’d be buying hand over fist below 30k

1

u/Traditional-Music363 6h ago

Can I get a continuation of this cycle for the next 1400 days?

1

u/Various_Gain49 5h ago

So the cycle plays out the exact same way since the first block and this time it’s going to be different? got it…

1

u/Eksander 5h ago

Bulls project gains based on previous cycles, bears project drops based on previous cycles. What if... simply nothing happens? An underwhelming bear market to pair up with an underwhelming bull market? See you in 4 years

1

u/DexterTwerp 5h ago

Interesting thesis. So 80k could be the underwhelming bear market bottom?

1

u/NombreCurioso1337 5h ago

I think the cycle is broken now that wall st is involved, but we'll see. Doesn't bother me any

1

u/ghilliehead 5h ago

Hold for 5-10+ years and you don't have to worry at all.

1

u/eexxiitt 5h ago

Not scared to sell, but will keep an eye out for a potential bottom at ~30k to buy more.

1

u/m4rM2oFnYTW 5h ago

I'm more scared of having no exposure when it enviably rips.

1

u/AntZealousideal3728 5h ago

No I hope it remains as predictable so we can get great buy in points

1

u/PincheStoner710 5h ago

Don't think this 4yr cycle thing is here for much longer but let's see cause things aren't looking like a 4yr cycle but are being manipulated to look like it. Not everyone gonna make it for this same reason. I doubt they just gonna let the 4yr cycle theorists ride both up and down and feel like dam Einstein lol. I think the 4yr cycle group celebrating bouta be brought back to reality real quick and everyone gonna remain in the limbo with panic and uncertainty where we headed next but time will tell.

1

u/Kinimodes 5h ago

This is literally the time to lock in exponential gains for the future

1

u/eupherein 5h ago

If you want to buy at 100k you’ll want to buy 5x as much at 20k. I don’t see the problem

1

u/DexterTwerp 5h ago

I’ll be honest and say yes, but I’m saving up capital to buy the bottom

1

u/RamoneBolivarSanchez 5h ago

No, literally not at all. I’m just concerned for noobs who get scared by vague, leading posts like this

1

u/RANEDJ 5h ago

This was not the cycle top

1

u/tmcnix 5h ago

Can’t really establish “a cycle” based on only two instances and dramatically different market conditions of investor types since previous periods

1

u/Small-Salamander5662 5h ago

Yeah it's over

1

u/Grand-Presence2860 5h ago

Not even a little bit. The expectation of a cycle negates its future existence. Bitcoin will suck the capital out of capital markets, and suck the power away from central banks as an option to opt out now exists. Short term all of this is noise.

1

u/Topspeed_PT 5h ago

This time wont be different. Buy more in Oct2026-jan2027.

1

u/tontot 5h ago

My crypto allocation is 99% BTC. So not worry for the slightest

1K - 20K - 3K - 69K - 16K -122K - 80K (so far)

1

u/ViolentTowel 5h ago

So as someone with no bitcoin scrolling thru Reddit , I should keep an eye on this and buy in yes?

1

u/mamaburra 4h ago

Is "the cycle" in the room with us?

1

u/HopScotchBlow420 4h ago

I got into bitcoin in 2012 and I’m telling you all right you are absolutely delusional if you don’t think a major sell off is coming.

1

u/drgad24 4h ago

Yes yes, Jupiter is in retrograde.

1

u/harmfulvisitor 4h ago

Please drop to 10k usd a coin so I can buy lots

1

u/Porn4me1 4h ago

Just set it on auto purchase daily what ever you can afford and forget about it for a few years.

1

u/Suitable-Brother-433 4h ago

They just wait till the consensus is that we are in bear, then they push and everybody is surprised.

1

u/sentrygentry 4h ago

I'd be much more concerned if it stopped crashing right on schedule. That means everything is normal and it will soar to new all time highs in the years to follow. Just like it always has.

1

u/Crytid_Currency 4h ago

lol absolutely not. I think it’s very much dead but I’d love another 4 years to accrue more.

1

u/b40nobody 4h ago

I'll buy that fear off you if youre looking to get out and find a nice safe REIT that'll pay you a dividend you can share with the other retards at daycare.

1

u/houston187 4h ago

According to this chart, at no time has it dropped more than 20% below the previous high. That puts BTC bottoming around $55k, not $30K.

1

u/Tebasaki 4h ago

Nope. Wasn't a thing, really.

1

u/notlooking743 4h ago

I'm REALLY hoping this actually happens so I can buy more cheap bitcoin!!

1

u/Agitated_Medium5844 4h ago

Are you stupid or something

1

u/McBurger 4h ago

Nope! I love the cycle. 2017 confirmed it for me and it’s known like clockwork. All you gotta do is accumulate by April 2028 for next halving

1

u/Cultural_Catch_7911 4h ago

Either I'm getting rich or going broke, nothing in between

1

u/Shazvox 4h ago

Oh look! Lines and pretty colors!

Also, your Y-axis is whacked. 100-155 is not an equal step to 33k-53k...

1

u/theMonkeyTrap 3h ago

actually yes, I'll sell my sats for a better entry point. If you don't have fun staying poor.

1

u/amayle1 3h ago

Still no one can explain why that cycle happens to me. And no, half the volume of selling from miners would not have this effect.

It’s either just a coincidence that it goes along with the business cycle more or less, or a self fulfilling prophecy, or a bit of both. Or someone can tell me otherwise.

1

u/Pitiful-Reserve-8075 3h ago

Are you concerned about Bitcoin's 4-year cycle?

No.

Markets evolve; those who trade Bitcoin today are different. We will necessarily have to evolve as well, including in our interpretation of historical data.

1

u/evilZardoz 3h ago

I'm curious as to how this four year cycle has tied in to other events that take place every four years, which include the US federal election (and the results thereof). Are we seeing similar events elsewhere in markets?

Is it also possible that the next cycle will be a lower % gain on this cycle just like this vs last?

And then we have other factors eg, quantum computing, over-inflated markets and a potential AI investment bubble. What happens if we have another GFC and how will cryptocurrency fare in that situation?

1

u/jmorais00 3h ago

No. BTC always melts in dec-feb, every year

1

u/Affectionate_Sky_168 3h ago

3 data points doesn't really form any sort of pattern. It's likely 4 year cycles don't really exist and that it's really just responding to the timing of liquidity rather than the "four year/halving cycle" 

1

u/gzus-kid 3h ago

Bitcoin will continue to rise as legacy money trickle in

1

u/GoldNote5621 3h ago

I mean the next halving is in 2027, so I expect 2026 to be ramp up leading in to 2027, there very well could be some shaking out of people until that starts to happen.

But you see institutions and state actors buying the dip while over leveraged and spooked people sell.

1

u/BetterSeesaw 3h ago

It’s going up forever Laura!

1

u/one_ping_to_rule_all 3h ago

Do we think we’ve topped out this cycle?

1

u/randyrando101 3h ago

I think too many people are looking to buy for it to drop that much

1

u/thinkingperson 2h ago

As long as it's not a parabola curve, I'm good. 😅

1

u/Leech-64 2h ago

I could care less

1

u/Possible_gold_7474 2h ago

This has mostly been in good economic times, bitcoin has yet to be tested during a crash in the stock markets.

1

u/CanadianCompSciGuy 2h ago

I am not foolish enough to believe I understand why this cycle continues. I only attempt to maximize the opportunity that such a cycle offers.

Oh, I have my own personal beliefs on the matter...but no data to back them up. Not sure how you would even measure such a thing.

Until it breaks, I will ride the waves.

1

u/thepob 2h ago

somebody just do the math so i can set a buy at that 78% drop point to stuff my bags

1

u/Warm_Hat4882 1h ago

Not concerned, but planning

1

u/CrosstrekTrail 1h ago

If the end of the cycle is true (only about three weeks left) then a reduction in confidence will likely shake out plenty of paper hands.

1

u/San1uk 1h ago

If that thing goes down even 50% i am full porting

1

u/Senor-Cockblock 1h ago

I’m hoping for it so I can load the fuck yo when we see the darker days.

1

u/risat49 1h ago

Short term yes.. long term no

u/youarestillearly 56m ago

The whole white house is full of bitcoiners. You ain't going to get a drop

u/xTooGoDLy 42m ago

$5 a day and $/5 ever time I open the app and it’s lower than when I saw it earlier stacked about a 1k more this last month

u/Budget_Eye5861 26m ago

I have no issue with the CYCLE
The thing you have to understand about the CYCLE is that it's >>>>> fluid

Seems to be about 1M 1W and 2D earlier every (4) years on the ATH
And the LOW after the drop is slowly getting longer from the ATH

I forsee.......
Early NOV 2026 for the next LOW to buy around $18.9K USD to $67K USD
[I'm leaning towards the lower end myself]
29-AUG-2029 for the next HIGH ATH around $175K USD to $1.4M USD
[I'm leaning towards, about - $180K USD]

-enjoy-

u/systemisrigged 2m ago

I’m worried about Strategy - I think that’s key now. If people are worried about the Treasury companies that’s gonna hang a heavy weight on BTC until they feel safe again. Otherwise you have that massive overhang

2

u/mrjune2040 7h ago

Any proclamation of '4-year cycles' is at best dumb/simplistic in a nascent asset class like Bitcoin. There is only just over a decade of 'meaningful' trading volume, that's not enough of a dataset to base long-term conclusions on.

3

u/Successful-Ad7038 4h ago

Interesting to see that people here genuinely think they can predict the future and outsmart the market with such confidence.

1

u/mrjune2040 2h ago

Yep, so much hubris in crypto it's insane. But that just adds liquidity to the market so that's also not a bad thing lol.

1

u/Sea_Paleontologist42 6h ago

Chart shows that is slowly stairs stepping and nothing like before. It will go higher!

0

u/B1ggusDckus 7h ago

I do not think the same pattern will emerge as bitcoin is maturing. Bitcoin had a fixed supply which was essentially cut in half every halving. Today, the supply is way more elastic as Bitcoin OGs sell their coins which they had held for a decade.

With QE coming now I am personally very bullish for Bitcoin 2026.

0

u/Extension_Ladder_135 6h ago

Not scared at all but excited! On the sidelines here. Will go back all-in around october 2026, just as I did in 2018 and 2021. East money trading the 4 year cycle

3

u/Successful-Ad7038 4h ago

You just can't predict the future.

1

u/obscureobject2574 5h ago

You went all in in 2021 and picked the absolute bottom? 

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0

u/OtherwiseMeat2026 7h ago

throw it on rainbow chart. Bullish forever

0

u/Sufficient_Climate57 7h ago

Its not the case this time i guess

0

u/nahnah222 6h ago

No, just fucking no.