Hmm, that's a very good point, a lot of people are going to take the opportunity to break even and leave the market. Although I would think that the majority buying at 6k would've had quite a long term outlook and that shouldn't be too in jeopardy, but that's coming from someone who is bullish long term.
We won't be rocketing anywhere, even if the price returns to the ATH it's going to take a long term, almost certainly longer than last time the price went from 3k to 20k.
We won't be rocketing anywhere, even if the price returns to the ATH it's going to take a long term, almost certainly longer than last time the price went from 3k to 20k.
Each cycle the system gets more money, at the same time that the scarcity increases each Bullrun.
So I believe in a faster and greater rise every time its start a new up trend.
This movement will keep repeating until the system reaches perpetuity, which will be when it will fluctuate according to the economy.
Yes but at the same time, each cycle it requires more money to increase the market cap or price by the same percentage as previously. One major institutional investment in the early days would sky rocket the market cap compared to it now just being a modest increase.
.
