Bitcoin Is Down 22% From Its Peak. History Says This Will Happen Next.
Will history repeat one more time? Bitcoin investors hope it does.
On Jan. 20, Bitcoin (CRYPTO: BTC) hit a new all-time high of $109,000, and many investors thought that the world's most popular cryptocurrency was about to skyrocket higher. Unfortunately, that hasn't been the case, with Bitcoin now down 22% from its peak.
The good news is that Bitcoin has a long track record of recovering from similar market declines. If history is any guide, then Bitcoin could be ready to soar in value later in 2025.
The first thing you need to know about Bitcoin is that it tends to follow very distinct four-year cycles. The key to the recurring nature of these four-year cycles is the Bitcoin halving, which takes place every four years. Typically, there are four different stages to these cycles: an accumulation phase, a growth phase, a bubble phase, and a crash phase.
