Bitcoin Magazine CEO: This round of the Bitcoin bull market cycle may be significantly extended to 3-4 years

ChainCatcher news, Bitcoin Magazine CEO David Bailey expressed his views on social media, suggesting that the current Bitcoin bull market cycle may be significantly extended, breaking traditional market cycle patterns.

Bailey pointed out that historically, there is usually about an 18-month "NgU" (Number Go Up, price increase) phase after a Bitcoin halving. However, with the current halving having occurred 6 months ago, he believes that this influx of capital is unlikely to peak within 12 months. Instead, Bailey predicts that this bull market cycle may need to last for 3 to 4 years before a cooling period occurs.