The #BitcoinCycle typically follows a pattern of boom and bust. It begins with a period of accumulation, where investors buy and hold Bitcoin, leading to a gradual increase in price. This is often followed by a rapid price surge fueled by media attention and speculative buying, reaching a peak.

Subsequently, a correction phase occurs, characterized by a sharp decline in price as profit-taking ensues. This correction leads to a period of consolidation, where prices stabilize before the cycle begins anew.

Factors such as market sentiment, regulatory developments, and macroeconomic trends influence the duration and intensity of each phase.