Bitcoin has fallen 10% so far this month but analysts say it has fallen between 25% and 30% in the month of January in past post-halving markets.
Bitcoin has fallen 14.5% from its peak high this month as the cryptocurrency dipped below $92,500 this week.
The objective of Cycles is to “clear the most debt for the most people with the least money,” Informal Systems’ CEO Ethan Buchman said.
Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run.