{"id":483146,"date":"2022-02-09T02:00:28","date_gmt":"2022-02-09T02:00:28","guid":{"rendered":"https:\/\/wncen.com\/?p=483146"},"modified":"2024-06-11T07:45:09","modified_gmt":"2024-06-11T07:45:09","slug":"bitcoin-settles-above-43000-but-what-does-the-4-year-cycle-say","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-settles-above-43000-but-what-does-the-4-year-cycle-say\/","title":{"rendered":"Bitcoin Settles Above $43,000, But What Does The 4-Year Cycle Say?"},"content":{"rendered":"

Bitcoin has already lost its footing above $44K after breaking the coveted point to much fanfare. The downtrend has not been significant in any way but the digital asset could still end up losing more ground before the end of the trading day. Nevertheless, it has been a good run for bitcoin coming out of the weekend. As the cryptocurrency has made its bottom above $43,000, what could be expected going forward?<\/p>\n

Bitcoin In Four-Year Cycles<\/h2>\n

As bitcoin has settled above $43,000, looking at other metrics to figure out where the digital asset may be headed has become imperative. In this report, we take a look at bitcoin through 4-year cycles and what it has often meant for the asset. Four years is important to the movement of bitcoin given that things like halvings happen in such timeframes. But for this, we take a look at the monthly EMA50 and how it works as the last correctional support before takeoff.<\/p>\n

Related Reading |\u00a0TA: Bitcoin is Surging, Why Bulls Could Aim More Upsides<\/a><\/strong><\/em><\/p>\n

The monthly exponential moving average is calculated using the past 50 periods. It is used to obtain the average price at which an asset has been acquired over a 50-day period. Thus, making it a widely used support level.<\/p>\n

Over the years, at four-year intervals, the monthly EMA50 has served to show the final correction support for bitcoin. The first time was between 2009 to 2013, a four-year period that ended with the monthly EMA50 working as the final correction support. The same happens between 2013 and 2017, 2017 and 2021, with the next happening between 2021 and 2025.<\/p>\n

For each of these, the monthly EMA50 has always stopped highly than the previous four-year cycle. Likewise, the price of bitcoin has not gone below this point.<\/p>\n

If this stays true, then bitcoin is likely forming its support higher than $30,000. Continuing on, this trend would put the price of the digital asset as high as $220,000 over the next four years.<\/p>\n

\"bitcoin<\/p>\n

EMA50 marks four-year cycles | Source: TradingView.com<\/a><\/pre>\n

BTC On The Charts<\/h2>\n

Long-term, bitcoin shows tremendous promise. With adoption expected to rise and supply on the decline, it would impose scarcity on the asset, making it even more valuable. However, in the short term, BTC continues to struggle price-wise.<\/p>\n

Related Reading |\u00a0The Bear Signal That Suggests Another Bitcoin Crash Is Coming<\/a><\/strong><\/em><\/p>\n

After fighting its way out of a bear trend, it remains up to the bulls to pull out from underneath the bears. Market sentiment is getting better but still remains mostly negative, making investors wary of putting more money into the market.<\/p>\n

Bitcoin is now trading in the $43,500 territory at the time of this writing. It lost about $2K after bursting through $45,000 in the early hours of Tuesday. But it has begun to recover after falling near $43,000.<\/p>\n

\"Bitcoin<\/p>\n

BTC slips to $43K | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
Featured image from Tokeneo, charts from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"

Bitcoin has already lost its footing above $44K after breaking the coveted point to much fanfare. The downtrend has not been significant in any way but the digital asset could still end up losing more ground before the end of the trading day. Nevertheless, it has been a good run for bitcoin coming out of the weekend. As the cryptocurrency has made its bottom above $43,000, what could be expected going forward? Bitcoin In Four-Year Cycles As bitcoin has settled above $43,000, looking at other metrics to figure out where the digital asset may be headed has become imperative. In this report, we take a look at bitcoin through 4-year cycles and what it has often meant for the asset. Four years is important to the movement of bitcoin given that things like halvings happen in such timeframes. But for this, we take a look at the monthly EMA50 and how it works as the last correctional support before takeoff. Related Reading |\u00a0TA: Bitcoin is Surging, Why Bulls Could Aim More Upsides The monthly exponential moving average is calculated using the past 50 periods. It is used to obtain the average price at which an asset has been acquired over a 50-day period. Thus, making it a widely used support level. Over the years, at four-year intervals, the monthly EMA50 has served to show the final correction support for bitcoin. The first time was between 2009 to 2013, a four-year period that ended with the monthly EMA50 working as the final correction support. The same happens between 2013 and 2017, 2017 and 2021, with the next happening between 2021 and 2025. For each of these, the monthly EMA50 has always stopped highly than the previous four-year cycle. Likewise, the price of bitcoin has not gone below this point. If this stays true, then bitcoin is likely forming its support higher than $30,000. Continuing on, this trend would put the price of the digital asset as high as $220,000 over the next four years. EMA50 marks four-year cycles | Source: TradingView.com BTC On The Charts Long-term, bitcoin shows tremendous promise. With adoption expected to rise and supply on the decline, it would impose scarcity on the asset, making it even more valuable. However, in the short term, BTC continues to struggle price-wise. Related Reading |\u00a0The Bear Signal That Suggests Another Bitcoin Crash Is Coming After fighting its way out of a bear trend, it remains up to the bulls to pull out from underneath the bears. Market sentiment is getting better but still remains mostly negative, making investors wary of putting more money into the market. Bitcoin is now trading in the $43,500 territory at the time of this writing. It lost about $2K after bursting through $45,000 in the early hours of Tuesday. But it has begun to recover after falling near $43,000. BTC slips to $43K | Source: BTCUSD on TradingView.com Featured image from Tokeneo, charts from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":483153,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,441,85380,85379,85382,1119,85381],"class_list":["post-483146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-analysis","tag-bitcoin-ema50","tag-bitcoin-forecase","tag-bitcoin-four-year-cycle","tag-btc","tag-ema50"],"acf":[],"yoast_head":"\nBitcoin Settles Above $43,000, But What Does The 4-Year Cycle Say?<\/title>\n<meta name=\"description\" content=\"Bitcoin has already lost its footing above $44K after breaking the coveted point to much fanfare. 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This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/wncen.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Settles Above $43,000, But What Does The 4-Year Cycle Say?","url":"http:\/\/wncen.com\/news\/bitcoin-settles-above-43000-but-what-does-the-4-year-cycle-say\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-settles-above-43000-but-what-does-the-4-year-cycle-say\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/bitcoin-6.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/bitcoin-6.png?fit=991%2C557"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin analysis","bitcoin ema50","bitcoin forecase","bitcoin four-year cycle","btc","ema50"],"dateCreated":"2022-02-09T02:00:28Z","datePublished":"2022-02-09T02:00:28Z","dateModified":"2024-06-11T07:45:09Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Settles Above $43,000, But What Does The 4-Year Cycle Say?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-settles-above-43000-but-what-does-the-4-year-cycle-say\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-settles-above-43000-but-what-does-the-4-year-cycle-say\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/bitcoin-6.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/bitcoin-6.png?fit=991%2C557\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin analysis\",\"bitcoin ema50\",\"bitcoin forecase\",\"bitcoin four-year cycle\",\"btc\",\"ema50\"],\"dateCreated\":\"2022-02-09T02:00:28Z\",\"datePublished\":\"2022-02-09T02:00:28Z\",\"dateModified\":\"2024-06-11T07:45:09Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/bitcoin-6.png?fit=991%2C557","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/483146"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=483146"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/483146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/483153"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=483146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=483146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=483146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}