btc long term cycle

The term **"BTC long term cycle"** refers to the recurring patterns or phases that Bitcoin (BTC) tends to follow over extended time periods, often spanning several years. These cycles are typically influenced by Bitcoin's **halving events**, which occur approximately every four years and reduce the block reward given to miners by half. The long-term cycle usually includes phases such as accumulation (price consolidation), expansion (bull market), distribution (price peak and profit-taking), and contraction (bear market). Analysts and investors study these cycles to identify potential trends in Bitcoin’s long-term price behavior and market sentiment.