pull down to refresh
28 sats \ 1 reply \ @OT 3 Sep \ on: Will the Four Year Cycle Continue ? bitcoin
I think its gone. The cycle changed after the ETF approvals.
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.
reply