Home Bitcoin News The Context of Patterns in Bitcoin (BTC) Price Cycle in History Is Changing

The Context of Patterns in Bitcoin (BTC) Price Cycle in History Is Changing

The Context of Patterns in Bitcoin (BTC) Price Cycle in History Is Changing

Every Bitcoin cycle in history has ended with a red month followed by 2 or 3 very green months. It just looks like there might be some type of pattern around this coded monetary policy and human behavior?

The way bitcoin is repeating old trading patterns, how do you explain it other than a coded policy (or like a Wyckoff script) supported by human behavior to move price. The patterns are there for us to predict these crazy cycles.

This is it.  People just don’t understand. Never mind they still buy McDonald’s thinking they’ve made a deal.

So if BTC does 8x to 10x, do we expect the same growth for Alts? Alts are more volatile so if BTC makes 5x some alts most likely make 8-10x when people FOMO into BTC alts won’t do much but at the end of BTC bull run is the time for alts because everybody pulls out money from BTC to put it into alts.

When it comes to investing, it is important to do your research first.  There is no point in trusting randoms on Twitter. Look at the technology behind the coin, the project, the problem(s) it’s trying to solve, its founders, investors, their roadmap etc. Otherwise you’re not investing you’re just gambling.

Current market conditions are different from the past. Many agencies and countries have adopted bitcoin. Why do we have to equate with the past?

You can’t compare this bull run with the 2013’s. There is more regulations and investors now.

Technical analysis is all Fake.  The past never predicts the future. One solution is to HODL, as easy as it seems.

But after all those rallies the price falls lower, now bears will say this time is different it can never happen. If, I mean “If” BTC reach like 150k bulls will also say we can only have little pull back to 142k or 138k before it starts another 500k run.

Data from 3 previous cycles is not enough data to predict future cycles with a high degree of accuracy.  The percentage growth has decreased in every run; I believe largely in part due to institutional volume. I’m guessing around round 50% growth if it does pop this time.

This is so much. To be so deterministic to think that BTC HAS TO top this year.  It’s just absurd. It will do what it wants and we can far go into 2022. This is not even concrete evidence; it is not even good speculation at best.

Bitcoin makes people happier right now. The context of these cycles might be changing. “The Last Cycle” What will be this bull cycle top? IMO there is no top. PAST: Predictable walk of demand/supply governed by a simple 4yr halving. NOW: Unpredictable walk of demand/supply from a complex ecosystem until we hit saturation.

 

 

 

 

 

 

 

 

 

Read more about:
Bitcoin
Share on

dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

Crypto newsletter

Get the latest Crypto & Blockchain News in your inbox.

By clicking Subscribe, you agree to our Privacy Policy.