147 sats \ 2 replies \ @BITVOLT OP 5 Jan 2023 \ parent \ on: Nico w/ Simply Bitcoin AMA bitcoin
This is a tough one. Hmm. I would say the Bitcoin price cycles are a lot more consistent than people would think.
write
preview
2 sats \ 1 reply \ @k00b 5 Jan 2023
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
252 sats \ 0 replies \ @BITVOLT OP 5 Jan 2023
Yes but over time the volatility will decrease dramatically
reply