26 sats \ 3 replies \ @k00b 5 Jan 2023 \ on: Nico w/ Simply Bitcoin AMA bitcoin
What's something you believe about Bitcoin that practically no one agrees with you on, including bitcoiners?
This is a tough one. Hmm. I would say the Bitcoin price cycles are a lot more consistent than people would think.
reply
Do you think it stays that way forever?
What's the cycle structure in your eyes?
This feels like what I most often hear:
halving -> supply shock -> price increase -> miners don't sell -> market gets super hot -> leverage -> market gets hotter -> leverage implodes -> market cools -> miners sell -> cycle bottom
reply
Yes but over time the volatility will decrease dramatically
reply