The term Bitcoin Cycle refers to the recurring pattern of price movements and market behavior observed in Bitcoin over time. These cycles typically consist of phases such as accumulation, bull market, distribution, and bear market. During the accumulation phase, prices are relatively low, and savvy investors start building their positions, anticipating future gains.

As demand increases, a bull market follows, characterized by rising prices and heightened investor interest. This phase can attract media attention and new investors, further driving up prices. Following the peak of a bull market, the distribution phase occurs, where early investors begin to sell their Bitcoin for profits, leading to increased market supply.

Eventually, this selling pressure can trigger a bear market, marked by falling prices and decreased market interest. These cycles can span months or years and are often influenced by various factors, including market sentiment, regulatory news, and macroeconomic trends. Understanding these cycles helps investors make informed decisions about buying, holding, or selling Bitcoin.