Recently, the Benner Cycle, a 150-year-old market prediction tool, has regained the attention of investors. Many believe this tool has accurately predicted significant financial crises from the 1920s to the present day. Samuel Benner, after suffering heavy financial losses in the 1873 economic crisis, began extensive studies on economic patterns and eventually published this cycle in 1875. The Benner Cycle is not designed based on complex financial mathematics but rather by examining price cycles in agricultural markets. According to Benner, solar activities affect agricultural production levels and can lead to significant price changes. In the Benner Cycle chart, Line A represents years of economic crisis, Line B indicates years of economic prosperity, and Line C shows recession periods. According to this model’s prediction, the next market peak will be in 2026. Therefore, 2023 is considered the best time to buy assets, and 2026 will be the best time to sell. Some analysts and savvy investors in the crypto market also predict bullish scenarios for the years 2024 to 2026 based on this cycle. Consequently, it is anticipated that the fever of AI-based cryptocurrency projects and emerging technologies will significantly increase until a possible correction or recession in the following years. It is worth mentioning that the Benner Cycle has successfully predicted major crises such as the Great Depression of 1929, World War II, and the Dot-com bubble. Despite these successes, some investors and analysts have expressed doubts about the accuracy of Benner Cycle predictions due to new economic conditions such as tariff increases and concerns about global recession. However, Google search data indicates that the interest of savvy investors in this cycle remains high, and it receives significant attention.
