BNC:BLX   Bitcoin Liquid Index
if we look at the chart the bitcoin halving cycle is always repeated, now bitcoin is entering a bear market phase, calculated from the bitcoin halving cycle date shows that the market is now in a bear market phase
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bitcoin has 4 phases
The first is the bull market phase which usually occurs after the bitcoin halving
the second is a bear market, namely when bitcoin has found its highest point and will enter the bear market phase, what I see now is that bitcoin is at its highest point seen from the previous and future halvings,
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and this is the bitcoin cycle
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