The “4-year” cycle is anchored to the first 2015 bear low. The actual low was printed 7m later! Adjusted Bull Market lengths: + 25 m (Halving 1) + 28 m (Halving 2) + 35 m (Halving 3) + 46 m (Halving 4) From this perspective the 4th parabola still has ~8 m to run. (Gert van Lagen)