In 2014,2018 and 2022 Bitcoin price declined significantly.
Will this established historical pattern following the halving recur in the coming year?
Thoughts?
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28 sats \ 1 reply \ @OT 3 Sep
I think its gone. The cycle changed after the ETF approvals.
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0 sats \ 0 replies \ @Solomonsatoshi OP 4 Sep
It could be argued that yes ETFs created additional demand but at the same time retail investors have been selling more than stacking.
It could also be argued that people buying via ETFs will be even more prone to selling on a bear market (because they are primarily motivated by NGU greed, than any principled stance) and so they are likely to drive any decline in price down more than OG hardcore stackers were in previous cycles.
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49 sats \ 0 replies \ @yfaming 4 Sep
I think the answer is NO. The fundamentals have changed permanently. The Bitcoin (and cryptocurrency) market will follow the US economic and stock market cycles.
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28 sats \ 1 reply \ @brave 4 Sep
I still believe the cycle will continue!
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0 sats \ 0 replies \ @Solomonsatoshi OP 4 Sep
Plenty of opportunities to stack more sats coming soon!
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7 sats \ 0 replies \ @Entrep 4 Sep
The four years cycle is inevitable, it is much the same as breathing
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7 sats \ 0 replies \ @NovaRift 4 Sep
I think yes. What do you think?
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