Topic: Bitcoin price with a 4 year cycle? - page 6. (Read 3467 times)

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.

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.

people feel the 4 year cycle is good, look when people know the price goes up and down on the bitcoin price of course they are ready to throw away when to buy it, so it's easy to guess and will continue to take victims for beginners who don't know it when they come buy then old traders sell it, let's see again the 4 year cycle this time is different because many famous companies and famous people have invested in bitcoin so don't expect it to make history repeat itself again and again, whenever bitcoin will go to another new ATH without having to wait 4 years, it could be next year or the following year

Do you mean we don't need a 4 year cycle anymore, next year??

Of course it will be good news if the cycle disappears, because everyone will certainly see all prices will continue to rise, right, then what is the prediction for the ATH movement to occur, whether this year or the following year.

The years mentioned fit perfectly into the cycle that has occurred in that year, and everything that is said looks very positive!!

Ethereum is also more reasonable and there are even some other old altcoins that can be used as investments, because old altcoins that have been very tested through this 4 year cycle stage for the umpteenth time of course they are more resilient than new altcoins born 1 or 3 years ago.

Regardless of the current market conditions, and what is clear is that everyone who wants to introduce any altcoin to others who don't know about it must definitely explain everything that is already in a particular altcoin. Likewise with the collaborations that have been built by product owners or altcoin founders because that is the main thing that will be considered by people who want to know altcoins more fully.

I personally don't see Luna as an old altcoin even though it was popular before the big problem came to Luna, and yes Luna is not an old altcoin and also not the best altcoin for everyone so forgetting it in my opinion is much better and replacing it with another altcoin that has more potential inside markets like Ethereum, for example. Which has been proven for a long time in the crypto space.

3 years Luna is not called an old altcoin, at least an altcoin project that has existed for more than 5 years is already called an old altcoin

usually fomo will be everywhere and even when a project releases we don't know in the future what makes it even more unattractive and see various shortcomings for example like Solana always having problems with the network

i want to remind you that Luna is not only a potential coin in 2021 but also an old coin developed since 2018, it is an old altcoin. in addition to Eth, investing in altcoin, i think their risks are almost the same, because even the top currency has a large community like Luna and the top capitalization can collapse, so anything can happen to altcoin.

meanwhile, new altcoins are not really bad, you will hear about the recent project Aptos. it is attracting attention in the market after the Mainnet was successful, listed on a series of top exchanges and it is helping many people make big profits from it

Older altcoins are usually more likely to have many communities not only full of investors, many communities will help introduce those old altcoins to new people obviously that is more interesting than altcoin projects full of investors who only focus on profits and losses, when entering a bear market they are a lot dumping their altcoins even away from the ATH price, people need to research whatever crypto they want to invest in as the market hasn't really recovered at the moment

If you want to take Bitcoin as an investment in the long term, I think it is the right thing as an option. But when it comes to choosing old altcoins as an additional option other than Bitcoin, I think everyone also needs to research again at this time because there are also many altcoins that have not been able to get good price movements for a long time or in other words have begun to lose interest in the market.

So it still needs more research even if only a little, because the choice of altcoins is a very risky choice if it is for the long term and I exclude this if someone chooses it (old altcoins) only for the short term.

yes that's why shitcoin is always considered prima donna, people have to leave it because holding bitcoin is the most promising investment compared to shitcoin, people are too eager to get rich quick on the contrary become poor faster because they buy shitcoin, hoping they can learn from LUNA that this is a promising project doesn't always have a low CMC rank even the top 10 in CMC can be shitcoin, better go take old bitcoins and altcoins because it's better

why wait 4 years

Burning all the shitcoins I think is still not enough, because shitcoins keep appearing and we can't even control them. About the analogy you describe, I agree and makes sense, there must be pruning to make the tomatoes bigger and only concentrate on growing the fruit. Just as bitcoin needs to cut shitcoins or altcoins that are worthless and don't have any contribution to the market. so that dead shitcoins don't cause bitcoin to be hampered. and the most important thing is fertilizer to keep getting good nutrition, as in bitcoin which requires support from many parties such as growing adoption and other projects that support bitcoin's performance.



Bitcoin is still very valuable compared to shitcoins. People who are willing to throw bitcoins for shitcoins certainly have no plans for their future. They are only interested in the temporary hype. even though Bitcoin is more promising in the future even though the bitcoin price is currently crashing due to many factors. LUNA crashes are only a small part of shitcoin events that also have a big impact on bitcoin. even though LUNA had entered the list of the top 10 altcoins, but in the end LUNA became a shitcoin and is no longer valuable for now, the developer alone is a fugitive from the police. Shitcoin can make a person rich in an instant, but also bankrupt overnight. Don't drop all your eggs in a fragile shitcoin basket, rather use a sturdier bitcoin basket instead.

that's why people always want to buy shitcoins with their BTC, while we also know that there are so many shitcoins circulating in the market and they are also being thrown away to get BTC, for example like LUNA after a problem with LUNA before also made the price of BTC plummet, this is why i never want to buy shitcoin with my bitcoin except with other cold money

I think it's a reasonable analogy, I also expect people to leave shitcoin so that Bitcoin stays on track to reach the next ATH without having to wait for the next 4 years, thanks for sharing your thoughts

I agree with you that compared to previous years, the number of investors participating in the market has changed significantly and is better than it is now. The most recent cycle was 2017, we didn't have countries, companies investing in bitcoin, adoption wasn't as widely accepted as it is now. It can be said that investing in bitcoin today is a lot safer than it was years ago. But in my opinion just looking at how bitcoin is falling means bitcoin is still volatile, it can still drop 20%-30% in a few hours. After hitting ATH last year, it has also been falling continuously so far, it can be said that everything is repeating. This shows that bitcoin is still the same, nothing has changed significantly from when it was little known.

However, there is the bitcoin block halving that happens every 4 years and so far this is the catalyst for the bull run. So if there is something that can push the price to an all time level again, it will be the halving in 2024.

I don't think that next year we will have a bull run or something, again, most likely after March or what ever the date of the halving, we will slowly see a increased in price and then it will be catapulted in 2025 massive run. And if that happens then bitcoin at 6 digit figure.

Sharing thought is okay, no problem at all. Everyone is free to express their ideas or opinions.  

Well, waiting 4 years cycle may be an old way but it is actually happening every 4 years. Sure, we can't predict the exact time that BTC to create its ATH. However, based on the price history, it always happened after BTC halving. You have described it in your previous thread, haven't you?

I'm not against your thought, but I don't see a sign that Bitcoin has a chance to get a new ATH in 2023. It should be after BTC halving in 2024 at least. Even if we have a bigger number of BTC users, we need something big to trigger the next ATH. I only see BTC halving that is possible to trigger a significant move in BTC price.

In the next few months, I also think BTC price in the sideways phase. If there is a negative issue it may drop to $17k - $18k, and probably move to $21k - $22k if there are positive issues. There will be no significant move at the end of this year and early of next year.

This right here is one of the major reasons Bitcoin succeeded in its early days, we were united and knew very well which assets to back but today the story is different because we have become selfish by pushing for personal projects to flourish which has spread all the crypto value to altcoins out there....

If we look at the current market value and say all these shitcoins be burned, bitcoins true value will be revealed but unfortunately its all about choice and not force!

The competition for bitcoin to succeed is a steep climb, imagine it has to compete with over 21,000+ other coins as compared to a few thousands back then  


With so many other cryptocurrencies, the next ATH ain't happening any time soon unless we burn all those shitcoins to the ground!

Great analogy I will use for Bitcoin here is how to make tomato grow bigger....to get bigger tomato fruit you have to be pruning dead or over grown branches from the plant, which allows for concentrated growth! So same contempt we need all dead coins erased from history and our beloved bitcoin will be on track for its next ATH !!!

I'm not disliking the 4 year cycle belief, let alone going against it and arguing with anyone here, just sharing my thoughts that we no longer need to follow the old fashioned way and have to wait 4 years to get another ATH, so I'm just saying that anytime bitcoin can get ATH others without having to wait for the next 4 years around 2025 later, it could happen in 2024 or 2023 this is just speculation because the difference in the number of bitcoin users then and now is very much different, I also reiterate that the bitcoin price will likely continue to maintain at the price of $19k - $20k

Bitcoin price fell yesterday because the CPI did not meet expectations but then quickly increased again, like the market is killing long and short.
It can be seen that the 19k-20k resistance area is very difficult to break but this is still not enough to confirm your argument that bitcoin's 4-year cycle is gone. In November we will still face a Fed rate hike, I don't know if bitcoin will hold $19k as it is. When bitcoin crosses $30k and starts a new strong growth, you can confirm your thinking is right, currently although not falling further, bitcoin has also lost 70% of its value. And the market is still not getting better so nothing can be said here.

people always expect the price to be under $15k or hit the $10k floor, but why am I always saying that seems difficult to do considering the price will always be close to the $20k mark, look since yesterday's drop to the $18k floor in a short period of time bitcoin price it's back to near $20k today and it keeps repeating itself every time, whether people will just see it as a coincidence or it's a sign that the $20k price is among the cheapest and will never go below $15k, I hope people didn't miss an opportunity and have taken the opportunity to invest now before the market recovers and won't see below $20k again next year