On August 14, Kevin Kelly, Co-founder of prominent crypto research firm Delphi Digital provided some interesting insights on Bitcoin and the crypto market in general. According to Kelly, the crypto market moves in consistent cycles, and we are currently in the initial stages of a new cycle based on market evidence.

Using the premier cryptocurrency as a benchmark, Kelly states a crypto cycle usually begins with Bitcoin attaining a new all-time high (ATH) value, followed by an 80% loss in the next year. Thereafter, BTC would experience a market recovery over two years before embarking on a bullish run to attain a new ATH. 

The Interplay Between The Crypto Cycle And Macroeconomic Signals

Based on Kelly’s analysis, a typical crypto cycle occurs within four years, and its events are …