Bitcoin operates in cycles, which last approximately 4 years and coincide with the mining of 210,000 blocks as defined by its algorithm - a process known as 'halving'. During each cycle, the block rewards for miners are reduced by half leading to an expected decrease in supply. Ultimately this leads to higher Bitcoin prices incentivizing more investment and adoption. Previous cycles have shown extreme upward price movements, creating significant wealth as demonstrated recently. The current cycle is predicted to continue into 2024 leading some investors further solidifying Bitcoin's market superiority over other asset classes.

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