Four year cycle, big picture of Bitcoin.

The orange vertical raise depict the having event every four years, the blue horizontal rays depict the peak of the bull market, and the beginning of the bear market.

The white curve is the most important piece of this graph, It shows diminishing returns for bitcoin. If you bought BTC from the beginning of the having event to the end of the bull market in each cycle, you will have achieved:
- (2012) 10,500%/105X
- (2016) 3,050%/30.5X
- (2020) 650%/6.5X
- (2024) (Prediction) 425%/4.25x
In my opinion this is both good and bad, in order for bitcoin to be a stable currency, it needs to be less volatile. Although it is a bummer to lose out on those X's.

This graph also dives into lengthening cycles.