TechFlow news, on October 31, CZ stated during an interview at the main venue of Binance Blockchain Week in Dubai that he cannot predict the future but can analyze history. Historically, Bitcoin has experienced a very clear four-year cycle. 2013 and 2017 were bull markets. However, 2012 was actually a "recovery year," though many people haven't traced back that far. 2016 was also a "recovery year," followed by a surge in 2017. Similarly, 2020 was a "recovery year," with 2021 being the bull market. Therefore, based on current analysis, 2024 should also be a "recovery year." What will happen next year is unclear, but in the long term, CZ remains highly optimistic about the entire industry.
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