Will Bitcoin Repeat History ? - page 4.

Dubaian

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Quote from: fxncrypt on October 20, 2022, 02:00:42 AM

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks

I have seen the history of Bitcoin which I am very impressed with. It is a very good thing that this Bitcoin Satoshi will come to this stage. I've also seen that Bitcoin was not worth that much when demand was very low. However, this coin has come into the current digital era and has been recognized as a digital currency. Due to which Bitcoin is the most popular everywhere including the crypto market.

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Yes bitcoin Usually repeats historical chats every four years and the price goes high after that.
And this has usually been happening.
The rising of bitcoin, it will Increase its maximum.
After these challenges of bitcoin and going through right now the next stage of bitcoin is to go increases massively nobody knows but let’s see how it goes but I’m guessing this is the best time to store how to buy bitcoin.

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Quote from: KennyR on October 20, 2022, 05:02:03 PM

Quote from: Viscore on October 20, 2022, 03:59:12 PM

Quote from: NotATether on October 20, 2022, 02:06:15 AM

There are historical turning points every 4 years. It's when the price breaks the maximum of the previous cycle. When that happens, the price tends to go up like crazy until it reaches a new average price.

So yes, it repeats history every 4 years

Bitcoin has always proven to us that history repeats itself. That is why we should patiently wait for another bitcoin halving because after that, bitcoin is expected to surge high and skyrocket m, and then hit its all new time high. Although there are no guarantees that it will surely happen, but learning from bitcoin’s history movement, everyone is expecting to witness a new significant heights for bitcoin.

Based on the market movement that have taken place over the years, it is found that the history repeats every 4 years. We don't know how about this in the upcoming years, but history repeats for sure without any specific timeline. Bitcoin market is at its stability, it will undergo down market and further reaches the peak. We can have patience and can't be conclusive of the time period.

So better brace yourself for possible shoot up of price but of course its never been that precise or we can accurately say that it could happen again but just like the rest been saying that
it would really be something that we should really look on because in every halving event there's really a significant rise after that but no one knows on when it would happen.
This is why we should really be that watchful on these certain conditions and be wise on making a sell once you had already gain up some profits.
History might or might not repeat and it would really be depending on how this market behaves.

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Quote from: Viscore on October 20, 2022, 03:59:12 PM

Quote from: NotATether on October 20, 2022, 02:06:15 AM

There are historical turning points every 4 years. It's when the price breaks the maximum of the previous cycle. When that happens, the price tends to go up like crazy until it reaches a new average price.

So yes, it repeats history every 4 years

Bitcoin has always proven to us that history repeats itself. That is why we should patiently wait for another bitcoin halving because after that, bitcoin is expected to surge high and skyrocket m, and then hit its all new time high. Although there are no guarantees that it will surely happen, but learning from bitcoin’s history movement, everyone is expecting to witness a new significant heights for bitcoin.

Based on the market movement that have taken place over the years, it is found that the history repeats every 4 years. We don't know how about this in the upcoming years, but history repeats for sure without any specific timeline. Bitcoin market is at its stability, it will undergo down market and further reaches the peak. We can have patience and can't be conclusive of the time period.

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Quote from: Kemarit on October 20, 2022, 03:08:03 AM

Quote from: fxncrypt on October 20, 2022, 02:00:42 AM

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks

I guess for some of us, the cycle still holds true every 4 years as it has been proven till 2021. So yes, the cycle will continue and even though there are some who think that it can break the pattern since we have a whole country, El Salvador making it their legal tender. Super cycle or two bull runs in 4 years? Nah, I'm sorry but I don't think it's possible. So bull run starts at the halving year of 2024 and then eventually reaches it's peak in 2025.

That’s everyone’s expectation because history has proven it in the previous years. But to be honest, history do not guarantee the future of bitcoin, since bitcoin only follow its price depending on the market sentiments and current position of the market. Other than that, bitcoin may break its history pattern after the awaited bitcoin halving, but I’m also optimistic that bitcoin will still achieve its new all time high after its own halving.

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Quote from: darkangel11 on October 20, 2022, 01:26:14 PM

Quote from: KaliLinux on October 20, 2022, 04:42:53 AM

We are kind of trading along the long-time support of the last ATH and possibly if that happens to be broken like some other people believed Bitcoin will, then we are possibly looking at the Red bottom line which is around $12k-$11k which is marked with the brown line Bitcoin Rainbow Chart but do we think we could have that much deflection from within the chart down that level?
So, the big question is, can Bitcoin break the normal 4-year circle, or are we seeing another ATH before the next Halving, I think this might not happen until after the Halving

The reason people are saying his has nothing to do with fundamentals of bitcoin but the extremely negative view of the market. Raoul Pal said that the market is too bearish because of the negative statements from the FED, war in Ukraine and the press trying to scare people with recession.

IMO Bitcoin would never go below 30k in this bear market on its own but it was forced down by a coordinated action of a few institutions and individual scammers like Do Kwon of Luna and all that happened amidst fears of rate hikes. Bitcoin in a way broke the cycle because it fell below its ATH from the previous cycle which I've mentioned in June.

Bitcoin is worth much more than 19k.

Admittedly, bitcoin's drop this year coincided with ongoing events such as wars, inflation, and interest rates, most of which have a strong influence on the bitcoin price. But did you notice when the bear season comes there will be some big crashes, 2018 was also the collapse of the bitcoinnect ponzi project, that crash was also huge compared to Luna now. I don't know if it was a coincidence or it was all pre-planned. According to the bitcoin bear cycle, bitcoin will drop 80-85% in value, and this year in my opinion, with or without these macro events it is normal for bitcoin to drop below $30k .

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Quote from: NotATether on October 20, 2022, 02:06:15 AM

There are historical turning points every 4 years. It's when the price breaks the maximum of the previous cycle. When that happens, the price tends to go up like crazy until it reaches a new average price.

So yes, it repeats history every 4 years

Bitcoin has always proven to us that history repeats itself. That is why we should patiently wait for another bitcoin halving because after that, bitcoin is expected to surge high and skyrocket m, and then hit its all new time high. Although there are no guarantees that it will surely happen, but learning from bitcoin’s history movement, everyone is expecting to witness a new significant heights for bitcoin.

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Quote from: NotATether on October 20, 2022, 02:06:15 AM

There are historical turning points every 4 years. It's when the price breaks the maximum of the previous cycle. When that happens, the price tends to go up like crazy until it reaches a new average price.

So yes, it repeats history every 4 years

Yes, that's the way it is, my friend, so actually those who have bitcoins don't have to worry about what is happening in the bear market now, let alone buy it during a bear market like now, as long as we are strong enough to hold on because later there will be a high bull run. so we will get the maximum profit.

I believe it will, if not in the year we predict it will, but it certainly will. We just need time to see what we predict and want to happen. This happened not just once but indeed there was a price movement that allowed bitcoin to return to a stable price and even with ATH again. Patience is the key, of course with vigilance that we must put forward. I believe big investors are now looking for time to get back into the bitcoin market, which we often call whales.

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Quote from: KaliLinux on October 20, 2022, 04:42:53 AM

We are kind of trading along the long-time support of the last ATH and possibly if that happens to be broken like some other people believed Bitcoin will, then we are possibly looking at the Red bottom line which is around $12k-$11k which is marked with the brown line Bitcoin Rainbow Chart but do we think we could have that much deflection from within the chart down that level?
So, the big question is, can Bitcoin break the normal 4-year circle, or are we seeing another ATH before the next Halving, I think this might not happen until after the Halving

The reason people are saying his has nothing to do with fundamentals of bitcoin but the extremely negative view of the market. Raoul Pal said that the market is too bearish because of the negative statements from the FED, war in Ukraine and the press trying to scare people with recession.

IMO Bitcoin would never go below 30k in this bear market on its own but it was forced down by a coordinated action of a few institutions and individual scammers like Do Kwon of Luna and all that happened amidst fears of rate hikes. Bitcoin in a way broke the cycle because it fell below its ATH from the previous cycle which I've mentioned in June.

Bitcoin is worth much more than 19k.

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Quote from: fxncrypt on October 20, 2022, 02:00:42 AM

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks

This should belong to the trading discussion as it fits that board the most, however, you are terrible at chatting and it is very poor my friend.
There is no doubt that bitcoin will experience another bull run in the coming years, but that doesn't mean it will proceed in the same way it did in the past. You shouldn't expect the Chinese government to announce that it intends to ban bitcoin mining and expect the price to crash as it has in the past, only a small number of miners are still active in China the last I check, you also can't expect another corona, it wouldn't occur unless there was a new world war, which most powerful Nations would not be considering right now if it weren't for that obstinate Putin who has been attacking Ukraine, we are far from world war 3.
My little advice, go and improve your technical lessons and do note that history will not reoccur to bitcoin the same it happen in the past but a bull run will always come in every after bitcoin halving.

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Quote from: fxncrypt on October 20, 2022, 02:00:42 AM

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

Halving occurs in an interval of four years and during this period is when you realizes high bitcoin volatility amd more predominantly is the surging uptrends that occur whereby bitcoin beat the all time high in price and make a new one whereby long term investors benefitted well from this incident, it occurs as a major event whereby many find it a privilege to enter into the system and buy more to hold for another circle.

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Highly likely, Bitcoin will repeat history and we will be encountering another bullrun soon especially since the bitcoin halving will be happening soon or by next year. This is why we are seeing a lot of discussion on this forum if users are accumulating bitcoin as it is connected to the next halving and bullrun.

It's one of the great things that we can observe in the value of bitcoin every four years where we will be experiencing a long bear market but a huge bullrun afterward and who knows how high we will be reaching for the new ATH.

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Quote from: crwth on October 20, 2022, 08:21:31 AM

I like the transition from 2018 to 2022. It emphasized the similarity between the two-year course of BTC. I believe that it could happen, and it can repeat itself. I think it would be something to watch out for before another bull run.

It looks like the same from market price pattern to market psychology but how long a bear market lasts can be different. It does not have to repeat itself exactly from price pattern to how long does it take for a bear market to finish.

Quote

Predicting the right time on it would be the key, as to how much it will decrease and what the bottom price would be as well. I hope everyone who has invested in BTC will still have the same mindset and keep faith in their investment.

We can not predict the market accurately from price to time. We should not time the market.

So it sounds hard now but it would become easily if you don't try to find either a perfect price or a perfect time to join the market. In another word, don't time the market!

Market does it owns work and we can not stop or change it. What we can is to change ourselves by a better thinking and better strategy after experiencing in the market long enough.

Invest and have a long term vision, you don't have to predict or time the market. Your life, your investment will become more easily and less stressful.

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Quote from: m2017 on October 20, 2022, 08:54:52 AM

Quote from: NotATether on October 20, 2022, 02:06:15 AM

There are historical turning points every 4 years. It's when the price breaks the maximum of the previous cycle. When that happens, the price tends to go up like crazy until it reaches a new average price.

So yes, it repeats history every 4 years

Bicoin history was repeated every 4 years, right. Some forum users have seen these cycles multiple times, while others have yet to see them. I understand that these processes are cyclical, but I still have small internal doubts that this will always be repeated. I admit the possibility that changes can happen and therefore, I believe in bitcoin repeat history to 99%. So far, there have been no drastic changes in this, but who knows what awaits in the future, which is not predetermined. OP must have similar doubts.

it will not be a guarantee the cycle will continue to repeat, but if you look at the first series of iterations, every bitcoin iteration is always the same until now, although there are only a few slight differences and it doesn't really affect it.
This halving cycle every 4 years is the main point that many people look forward to, because after the halving occurs and the halving in rewards miners who successfully add new blocks on the blockchain.
For now, there has been no drastic change because the market is bearish and unstable.

Below is a table of Bitcoin Halving dates, block numbers and block reward changes.

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Quote from: NotATether on October 20, 2022, 02:06:15 AM

There are historical turning points every 4 years. It's when the price breaks the maximum of the previous cycle. When that happens, the price tends to go up like crazy until it reaches a new average price.

So yes, it repeats history every 4 years

Bicoin history was repeated every 4 years, right. Some forum users have seen these cycles multiple times, while others have yet to see them. I understand that these processes are cyclical, but I still have small internal doubts that this will always be repeated. I admit the possibility that changes can happen and therefore, I believe in bitcoin repeat history to 99%. So far, there have been no drastic changes in this, but who knows what awaits in the future, which is not predetermined. OP must have similar doubts.

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Quote from: piebeyb on October 20, 2022, 02:25:34 AM

I made that thread here to share my thoughts too Bitcoin price with a 4 year cycle?, where I once believed that the 4 year cycle would repeat itself but right now I don't believe that the cycle should repeat 4 years, the bull run could come in 2023 or 2024 without having to wait for 2025 where people people are ready to throw it in that year, this is an old fashioned way of capturing so it is necessary to also look at what changes in each cycle, even if viewed from the previous charts it is never the same

Bitcoin halving is the notably turning point of the Bitcoin market, thus it is the one that created the Bitcoin 4-year cycle. Though many think that Bitcoin won't follow the 4-year cycle this time, I still believe Bitcoin will still follow the cycle. Just like what crwth stated:

Quote from: crwth on October 20, 2022, 08:21:31 AM

I like the transition from 2018 to 2022. It emphasized the similarity between the two-year course of BTC. I believe that it could happen, and it can repeat itself. I think it would be something to watch out for before another bull run.

Having the similarity emphasizes the sign of repeating history but of course, it is not 100% foolproof, but seeing the sign simply means that the trend of the Bitcoin market is inclined to repeating the 4-year cycle.

Quote from: Darker45 on October 20, 2022, 07:27:13 AM

I didn't click on the link.

Same here, I also assume that @OP is talking about BTC, anyway, not saying what is on the video is simply a clickbait-style and I hate it Grin

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I like the transition from 2018 to 2022. It emphasized the similarity between the two-year course of BTC. I believe that it could happen, and it can repeat itself. I think it would be something to watch out for before another bull run.

Predicting the right time on it would be the key, as to how much it will decrease and what the bottom price would be as well. I hope everyone who has invested in BTC will still have the same mindset and keep faith in their investment.

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Quote from: fxncrypt on October 20, 2022, 02:00:42 AM

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks

I think the 4 year cycle will still apply this season, and it can't be denied because previous history was like that,
and the cycle will always repeat itself even though the lowest and highest prices are different because that is bitcoin which is not flat in value

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There's no two ways about it and Bitcoin will bounce back at a certain point, and getting 70% correction from Its previous all time highs ATH and only 10% away from its 80% previous market corrections, shows we are not far from the Bottom, if yet not in.Therefore history does not only reapeat itself but it rhymes. What goes up goes down verse versa, Bitcoin does what it wants to do at any given time and it's just waiting for the right time to rebounce.

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Quote from: piebeyb on October 20, 2022, 02:25:34 AM

Quote from: fxncrypt on October 20, 2022, 02:00:42 AM

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks

I made that thread here to share my thoughts too Bitcoin price with a 4 year cycle?, where I once believed that the 4 year cycle would repeat itself but right now I don't believe that the cycle should repeat 4 years, the bull run could come in 2023 or 2024 without having to wait for 2025 where people people are ready to throw it in that year, this is an old fashioned way of capturing so it is necessary to also look at what changes in each cycle, even if viewed from the previous charts it is never the same

Repeat means that everything happens to be roughly the same and there are many similarities, you can't expect them to be the same in every detail. I still believe bitcoin's 4 year cycle is still going on, bitcoin will only rise and hit new ATH after halving, there will be no chance bitcoin hit ATH before halving. In addition, looking at the current economic situation, it can be seen that the possibility of a bull season in 2023 is unlikely, war, crisis and interest rates have not shown any signs of slowing down. I can't find a good reason why 2023 is the year of the bull.

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