Bitcoin 35-months bull + 12-months bear patternBitcoin / U.S. dollarBITSTAMP:BTCUSDSomaYukihira🧠Why It Makes Sense Halving Cycle Anchor: Each halving (every ~4 years) tends to kick off or extend a bull phase. The roughly 35-months bull periods correspond well to the time from one halving to the next major top. Human & Institutional Behavior: Market psychology and macro liquidity cycles (QE, risk appetite, etc.) also seem to align with that 3–4 year rhythm. Diminishing Returns, But Similar Structure: While each cycle’s magnitude (ROI multiple) shrinks, the shape and timing remain surprisingly consistent — suggesting behavioral and structural patterns repeat. ⚠️ Caveats Macro Environment Shift: The 2024–2025 cycle is happening under higher interest rates, institutional ETFs, and much greater liquidity depth. Those could flatten or stretch the cycle. Reduced Volatility: Each cycle’s drawdowns and peaks become smaller in percentage terms, which could eventually distort timing patterns. ETF & Derivatives: With more efficient capital and hedging, the “35/12” symmetry might smooth out.