Topic: The cycle is unique but structured - page 2. (Read 228 times)
I don't think that it is a structured cycle. I mostly agree with dothebeats that there's no pattern, the market stands alone and depends on its own demand. Everyone is speculating that at the very end of this year there will be a reversal and bull run that we have been wanting but it's not that the pattern that you mention. The demand will still be the lead if bitcoin is going to that point that we're going to see the reversal but if not, we will see if those predictions has correct basis.
I wouldn't call it structured as there are still nuances in every cycle albeit the huge similarities. Also, the price action of 2018 showed that bitcoin isn't following a definite pattern seeing how the whole 2018 was a show for bears. Start of 2017 also called the start of the bull run, so that's another deviation from what you're calling a 'structured' cycle. While the cycle always draw almost the same graph every time it runs, the months in which such price actions happen don't follow each other closely.
In contrast to other investment commodities whose price movements are mostly affected only by market activities, bitcoin has a unique but structured cycle, at the beginning of each year there is a very drastic price decline but recovering even skyrocketing at the end of the year, as illustrated in the following article.
https://u.today/bitcoin-price-prediction-for-2019-will-btc-price-get-back-to-20000
https://u.today/bitcoin-price-prediction-for-2019-will-btc-price-get-back-to-20000
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