I don't understand why you are saying that this cycle is different from previous ones. It seems to me that the current situation is not different from what it was in 2018. After a good rise came a long bear market. We can now expect a bounce as it was in 2019. My view is that the main thing in these four-year cycles is not to repeat scenarios but to halving the reward for the block. And this halving is embedded in the source code, which will be repeated regularly every four years.
your account is registered in 2017 which is a 4 year cycle year in stage 2, did you look before also in a 4 year cycle first stage in 2013, look at each history and look at the year 2021 yesterday, pay attention to the charts and every moment is not always the same
Many people are predicting bitcoin will only hit new ATHs after the halving takes place, only you are pretty positive saying that bitcoin's 4 year cycle is over. I will not dare to tell you if the 4-year cycle will repeat or not but I can say that the price of bitcoin next year will also be very difficult to rise again because the world situation is still very unstable, the war continues and the crisis does not end soon, the market will not be able to recover.
The market is almost strongly influenced by the Fed's interest rates, and the Fed announced in 2023 it is ready to raise interest rates to new highs until inflation is really under control. So I think in 2023 we will really bottom and in 2024 the market could start to recover.
yes it is common after halving because of the reduction in the number of block rewards which means the supply of bitcoin is getting harder and less to print, but I say that we don't have to wait 4 years to get new ATH it all depends on the demand from big money holders in the future, I appreciate all the thoughts of friends here
I still believe that bitcoin's ATH cycle remains once every 4 years. Now we can see in this year the market is too weak like in 2018 after ATH 2017 and tends to be very stable it's very boring. So the speculation circulating in the media is very difficult to follow because the market is also difficult to predict.
that's why I say it's hard to predict where the market is going actually, considering that 2021 yesterday didn't last long the bulls there all fell in the middle of the year, so whether it's called a bullish year, I don't think so