Statistics · Cycles & signals

Bitcoin Cycle

Bitcoin has historically run roughly the same 4-year rhythm around the halving. Four independent signals say where Bitcoin stands today: cycle timing "Bear" (day 875 after the halving), market regime "Sideways" (1-year return -33 %), power-law "Undervalued" and weekly RSI 55 (normal band). The four come from different calculations and can contradict each other; there is no combined score here. The chart shows how the 3 complete cycles actually continued from this exact cycle day, each as its own line. This is not a forecast and not financial advice.

Where Bitcoin stands today

Each value comes from its own calculation. They can contradict each other, and there is no combined score.

How the three past cycles ran from this point

Each completed halving cycle (2012, 2016, 2020) rebased to "100 = today", from today's cycle day (875). Left of the TODAY line the path so far (current cycle in bold), right of it how it actually continued back then, as a × multiple of today's level. Three lines instead of a smoothed band, because they run far apart and an average would hide that.

×0.8×1×1.5×2×3-90today+90+180days2016 ×32012 ×1.52020 ×1.4TODAY · day 875
Right of the TODAY line: how the three past cycles actually continued from this point, as a × multiple of today's level. Left of it 120 days of run-up for context. Hover for individual days.

Base rates: what happened after RSI-bottom signals

From 7 past weekly RSI signals: the share that was higher after X months, with a Wilson 95% interval. With so few signals the range is wide.

after 1 month
5/7
higher · Wilson 36-92%
after 3 months
5/7
higher · Wilson 36-92%
after 6 months
3/6
higher · Wilson 19-81%
after 12 months
3/5
higher · Wilson 23-88%

Context

Seasonality September
-4.3 %
median · 5/13 years up
Volatility 30d
47 %
annualised, realised

Methodology & limits

Every number is a deterministic count/order statistic over our own daily closes, with no model, no simulation and no AI text. Location: cycle day/phase (days since halving; fixed day-windows, not a detector), market regime (1-year return; capitulation ≤ -35%, euphoria ≥ +100%), power-law zone (residual percentile), weekly RSI(14). The three cycle lines = the real price path per completed cycle, rebased to 100 at today's cycle day (no median and no cone, just three raw paths). Base rates = forward returns per RSI signal, hit rate as a fraction with n, plus a Wilson 95% interval. There is no aggregated overall probability, no score and no price target: with 3 cycles that would be false precision. All of it is purely historical, and past patterns need not repeat. Not financial advice.

Frequently asked questions

01What is the Bitcoin 4-year cycle?

Roughly every four years the "halving" cuts the rate of new Bitcoin issuance in half. Historically a recurring pattern of bear market, accumulation and two upward phases followed. Whether it repeats is uncertain.

02Can this predict the Bitcoin price?

No, by design. The page fuses nothing into a price target or a probability. It only shows where Bitcoin stands today across several signals and how price actually behaved in the three past cycles from a comparable point. Three cycles are far too few for a serious prediction; the three separate lines make exactly that visible.

03Which phase is Bitcoin in right now?

Two views: by cycle timing (day 875) the "Bear" phase, a fixed day-window and not a detector. By price, the 1-year return (-33 %) measures the actual market: currently "Sideways" (capitulation below -35%, euphoria above +100%). Timing only labels the position on the cycle clock; price measures the market.

04Is the 4-year cycle still valid, or breaking this time?

Our data can't answer that: there are only 3 complete cycles, far too few to judge stability. That's exactly why we show the signals separately, above all the fixed timing phase (days since halving) and the price-based market regime. When they diverge, it's a hint that the usual timing could shift. Factors that could change the cycle (spot ETFs, institutional demand, macro) lie outside our pure price data. We describe patterns of the past. Whether they repeat is open.

05What do the base rates with "Wilson 95%" mean?

For each past RSI-bottom signal we compute the forward return. "5 of 6 were higher after 12 months" is the raw hit rate, but with only 6 cases it is extremely uncertain. The Wilson 95% interval gives the range the "true" rate could lie in. We show it as prominently as the rate itself.

06Why no overall probability or traffic light?

Because a single aggregated number on such a tiny sample (3 complete cycles, ~7 RSI signals) creates a false precision that cannot be falsified. We prefer to show the signals separately and with their uncertainty (confidence intervals). And because the signals historically fire at the same point, four aligned signals are not "four times as certain": they measure the same thing.

07Is this financial advice?

No. This page only shows historical price statistics from our own database, computed deterministically, with no AI text and no price target. It is not a recommendation.