Bitcoin (BTC) has exhibited cyclical bullish and bearish patterns over the years, often accompanied by events such as the halving, which reduces the miner reward by half, increasing scarcity. These cycles typically include an accumulation phase, followed by a strong rally, and then significant corrections. It is also important to note support and resistance levels, which indicate strong buy and sell zones in the market. While historical trends suggest recovery after declines, BTC is also heavily influenced by macroeconomic and regulatory events. Technical and fundamental analysis are essential to understanding these patterns.
