I want to share a different perspective from Kimi. From a god's-eye view, the halving cycle in 2024 indeed shows a significant increase, but is this due to the halving or the election? I believe those who have been watching the market since October are aware.

I have discussed this topic before; the impact of the four-year halving on $BTC has been diminishing. However, why does BTC's upward cycle increasingly align with the third and fourth quarters? The U.S. midterm elections every two years and the presidential elections every four years are beneficial to the market.

This topic has been elaborated on in detail in "The Last Drop," so I can boldly speculate that at least starting from 2024, the four-year cycle is still relevant, but its greater significance is not due to the halving, but rather because of the U.S. elections. As long as the U.S. presidential elections every four years continue to coincide with Bitcoin's halving cycle, the four-year cycle will still be effective.

This article is sponsored by #Bitget ｜ @Bitget_zh

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