Yeah, sometimes we might be confusing the definitions, and it seems that bitcoin has a bit of a pattern that justifies the consideration of the 4-year cycle, even if the cycle may well end up getting broken at some point... however, if we already have a pattern of a 4 -year cycle, then, it is likely helpful to at least attempt to recognize that such pattern has so far tended to play around the timeline of the halvening.
The bitcoin pattern will be changed based on the halves most of the time,many people holding from pump after the Corona time for the new halves at the 2024.With no surprise we get the new all time high of 73k in the bitcoin price which is more then the value of 68k which was the highest of all the time.This bull run was not end and still we have a hope in the bitcoin price for the consecutive pump in the 2024.So holding was the key to the good profit in the crypto currency trading.
So yeah we do not necessarily need to plan out 10 years or more in order to be considered long term, but if we really consider what people might want to do with their investment into bitcoin, then we likely can see that they are wanting to make their lives better in the future.... so yeah.. I suppose that there could be such things as long term, medium term and short term trades, and so any one getting involved in bitcoin for less than 4 years could be trading within various periods of time, yet it would be difficult to classify them as an investor in bitcoin if they have a timeline that is shorter than 4 years.
This was the good one,So the trader should not worry about the minor fall,many had brought in the 68k pump.After that we had faced huge fall in the bitcoin market.Many a while the price doesn’t cross above the value of 32-34k.But many had the gift of the value with the double digits profit of the holding on the correction time.Still many trader claiming the bitcoin will reach the value of 100k as the next target in the 2024.It was essential for the trader to make some profit by just holding on the bull market of the cryptocurrency market.Don’t sell your assets at the panic of losing the high prices,the bull run not end yet.