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Topic: Will Bitcoin Repeat History ? (Read 1006 times)

member
Activity: 686
Merit: 21
November 21, 2022, 04:07:23 PM
#95
The market is so volatile. It's difficult to interpret whether Bitcoin will repeat history. We should also have other alternatives for investment. Have you heard about Streamr bounty?


We should not be afraid how would a price and a the time factor of bitcoin to recover because the history of Bitcoin always fall on rising and falling so whenever it is variance falling he also arise because the rising aspect is being determined by the investors will come into the market that is why some big investors who move the knowledge of Bitcoin don't always be afraid of Bitcoin when it is on the stage of falling
hero member
Activity: 3052
Merit: 685
November 21, 2022, 08:19:32 AM
#94
The market is so volatile. It's difficult to interpret whether Bitcoin will repeat history. We should also have other alternatives for investment. Have you heard about Streamr bounty?

The volatility of the market also affects that streamr bounty or whatever that is, it doesn't give any special treatment or exemption to any coin and do you really expect that it will grow if bitcoin will be more difficult in the future? Bitcoin has been difficult to interpret since it surfaced and created, but it is still the most sought after coin of all time because most investors undoubtedly know that bitcoin will repeat its history, as always.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
November 20, 2022, 09:23:44 AM
#93
The simple answer is that no one really knows op. Some might say yes while some others might say no, but no one can tell for sure for obvious reasons.

It all comes down to your own belief and opinion at the end of the day. If you feel that it's too risky to invest in BTC, stay far away from it. However, if you are willing to invest what you are willing to lose, invest away. Common sense!
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
November 20, 2022, 08:47:39 AM
#92

It was proven perhaps because Bullrun will come after halving and it has already happened twice (correct me if I'm wrong 2017 and 2021). It is a 4-year gap and people believe that will happen again. There is no wrong about believing it but if fails, of course, really disappointing and yet we need to accept it. I could assume that I was right and I have to keep this faith. Let us see what gonna happen by 2024-2025 coz that will prove who is right or wrong.

We're all just predicting, with history already happening. It is likely to happen again. The expectations of BTC holders I think are like that. I think this is a confidence trigger that keeps BTC on hold at the bottom support and will go back up. But all is just predicting the possibility that anything can happen,we just need to prepare a backup plan if it doesn't match what we expect. But if you look at the current developments, I still feel optimistic about the future of crypto.
Yes, it is indeed just speculation but seems it comes to really happen. BTC holders had come to the idea of buying low and selling high because they believe that one day the price will rally which means they believed it (history repeats itself). In fact, that is why we are here despite the volatile nature of Bitcoin, and that is why we are taking risks. It is very understandable and that is why we have to be prepared as well if that will never happens.
hero member
Activity: 1400
Merit: 770
November 20, 2022, 08:15:51 AM
#91

It was proven perhaps because Bullrun will come after halving and it has already happened twice (correct me if I'm wrong 2017 and 2021). It is a 4-year gap and people believe that will happen again. There is no wrong about believing it but if fails, of course, really disappointing and yet we need to accept it. I could assume that I was right and I have to keep this faith. Let us see what gonna happen by 2024-2025 coz that will prove who is right or wrong.

We're all just predicting, with history already happening. It is likely to happen again. The expectations of BTC holders I think are like that. I think this is a confidence trigger that keeps BTC on hold at the bottom support and will go back up. But all is just predicting the possibility that anything can happen,we just need to prepare a backup plan if it doesn't match what we expect. But if you look at the current developments, I still feel optimistic about the future of crypto.
legendary
Activity: 2338
Merit: 1023
DGbet.fun - Crypto Sportsbook
November 20, 2022, 07:58:59 AM
#90
Bitcoin never failed to amaze everyone.  The way it shames analysts, the way it has proven itself against haters, and the way it teaches everyone the essence of waiting and being patient.  When everyone thinks that the price of Bitcoin will continue to surge, it will crash for some reason that is actually not directly connected to supply and demand and the same goes when bitcoin is at the bottom, it will suddenly rally up.  That is how unpredictable Bitcoin price movement it. But, One thing is certain with Bitcoin, no matter how hard it dumps, it will eventually rally and break its ATH in due time.  Repeating its history again and again.

It was like this before, and we want to believe that this will always continue, but you say that bitcoin can be surprising. But what if we no longer see the cycle that is typical for btc and the price of bitcoin will not reaches the new ATH? I am not saying that this will happen, because I myself am waiting for a new bullish cycle, but we can assume that this could happen sometime...

It was proven perhaps because Bullrun will come after halving and it has already happened twice (correct me if I'm wrong 2017 and 2021). It is a 4-year gap and people believe that will happen again. There is no wrong about believing it but if fails, of course, really disappointing and yet we need to accept it. I could assume that I was right and I have to keep this faith. Let us see what gonna happen by 2024-2025 coz that will prove who is right or wrong.
However, even if that does not happen, which means history won't repeat itself, there will be probably be a lot of disappointment, but that doesn't mean bitcoin won't rise again in the future. Bitcoin's price increase is not only dependent on the halving, but the main effect is that bitcoin is increasingly popular and widely used. When the demand for bitcoin increases, it is only a matter of time before the price of bitcoin increases.
sr. member
Activity: 323
Merit: 250
November 20, 2022, 07:14:04 AM
#89
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 Smiley Smiley
turning point UP or DOWN? Apart from new bottoms every month, I can't see a bullish pattern.
member
Activity: 756
Merit: 30
November 20, 2022, 07:06:20 AM
#88
If bitcoin can't repeat history or can't rise in price, don't expect one of your shitcoins to go up in price. Remember that all shitcoins depend on bitcoins, bitcoin is not certain then your shitcoins will never exist. Diversify your investment by investing in gold, and real estate...not with shitcoins.
Lol... This sounds so harsh thou. You can see he's a newbie member who seems to lost direction and focus. He's even trying to promote what they are best known for (bounty) in a thread like this. Smh! Btc will definitely rise, not today or tomorrow but eventually. However, diversification is the best way to go by.
hero member
Activity: 3010
Merit: 666
November 20, 2022, 07:01:50 AM
#87
Bitcoin never failed to amaze everyone.  The way it shames analysts, the way it has proven itself against haters, and the way it teaches everyone the essence of waiting and being patient.  When everyone thinks that the price of Bitcoin will continue to surge, it will crash for some reason that is actually not directly connected to supply and demand and the same goes when bitcoin is at the bottom, it will suddenly rally up.  That is how unpredictable Bitcoin price movement it. But, One thing is certain with Bitcoin, no matter how hard it dumps, it will eventually rally and break its ATH in due time.  Repeating its history again and again.

It was like this before, and we want to believe that this will always continue, but you say that bitcoin can be surprising. But what if we no longer see the cycle that is typical for btc and the price of bitcoin will not reaches the new ATH? I am not saying that this will happen, because I myself am waiting for a new bullish cycle, but we can assume that this could happen sometime...

It was proven perhaps because Bullrun will come after halving and it has already happened twice (correct me if I'm wrong 2017 and 2021). It is a 4-year gap and people believe that will happen again. There is no wrong about believing it but if fails, of course, really disappointing and yet we need to accept it. I could assume that I was right and I have to keep this faith. Let us see what gonna happen by 2024-2025 coz that will prove who is right or wrong.
full member
Activity: 952
Merit: 108
1xBit recovered their reputation
November 20, 2022, 06:36:07 AM
#86
The market is so volatile. It's difficult to interpret whether Bitcoin will repeat history. We should also have other alternatives for investment. Have you heard about Streamr bounty?



If bitcoin can't repeat history or can't rise in price, don't expect one of your shitcoins to go up in price. Remember that all shitcoins depend on bitcoins, bitcoin is not certain then your shitcoins will never exist. Diversify your investment by investing in gold, and real estate...not with shitcoins.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
November 20, 2022, 05:21:15 AM
#85
Bitcoin never failed to amaze everyone.  The way it shames analysts, the way it has proven itself against haters, and the way it teaches everyone the essence of waiting and being patient.  When everyone thinks that the price of Bitcoin will continue to surge, it will crash for some reason that is actually not directly connected to supply and demand and the same goes when bitcoin is at the bottom, it will suddenly rally up.  That is how unpredictable Bitcoin price movement it. But, One thing is certain with Bitcoin, no matter how hard it dumps, it will eventually rally and break its ATH in due time.  Repeating its history again and again.

It was like this before, and we want to believe that this will always continue, but you say that bitcoin can be surprising. But what if we no longer see the cycle that is typical for btc and the price of bitcoin will not reaches the new ATH? I am not saying that this will happen, because I myself am waiting for a new bullish cycle, but we can assume that this could happen sometime...
newbie
Activity: 20
Merit: 0
November 20, 2022, 01:21:57 AM
#84
The market is so volatile. It's difficult to interpret whether Bitcoin will repeat history. We should also have other alternatives for investment. Have you heard about Streamr bounty?

hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
November 20, 2022, 12:56:33 AM
#83
Do you know Bitcoin old price history? Bitcoin price surprised us per year, almost my experienced when bitcoin price dumped then bitcoin price also growed up.Bitcoin is most successful and most valuable coin in cryptocurrency. I hope bitcoin price will recover soon.

Bitcoin never failed to amaze everyone.  The way it shames analysts, the way it has proven itself against haters, and the way it teaches everyone the essence of waiting and being patient.  When everyone thinks that the price of Bitcoin will continue to surge, it will crash for some reason that is actually not directly connected to supply and demand and the same goes when bitcoin is at the bottom, it will suddenly rally up.  That is how unpredictable Bitcoin price movement it. But, One thing is certain with Bitcoin, no matter how hard it dumps, it will eventually rally and break its ATH in due time.  Repeating its history again and again.
Bitcoin as every new technology is simply not understood by the majority of the people, also economists hate it because it challenges their new theories about how money and the economy should work, since bitcoin is based on very old principles which have passed the test of time.

They simply do not understand how an economy can work with a form of money which has a hard cap, fiat has been king for so long they do not understand anything which deviates from this model, so they attack it thinking that it is just a matter of time until it dies, and yet bitcoin is still strong and there is no reason to believe this will change.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
November 19, 2022, 09:16:45 AM
#82
It is believed that the price of Bitcoin will increase by 80% after the halving. But how far will the price of Bitcoin drop if there are not a large number of people buying Bitcoin.
What you are suspecting is that nothing is wrong, it's impossible to predict how much bitcoin will rise or fall until it actually happens.


A lot of people have indicated that this is an opportunity to buy bitcoins now and stash them. But why is the price of Bitcoin still the same.
Many people think that with the current low price and see this as an opportunity to buy and accumulate, but not everyone thinks so.
Only a small part really believes in the growth of bitcoin, the rest are panicking and dumping making it difficult for the bitcoin price to rise soon.

I think Bitcoin may repeat history, but it may not. I don't believe in prophecies.

Bitcoin may rise again or never will as you say. It's all speculation, nothing is certain. But if you want to predict the future, look at history and people will believe that history will repeat itself until new history is created.
member
Activity: 316
Merit: 43
November 19, 2022, 08:24:38 AM
#81
Of course our won't be surprised by the ups and downs of bitcoin prices, and many say that every 5 years or 4 years bitcoin will experience a high bull run, but course no one will know for sure about it all, because in my it all depends on the economy world, but what is certain is that if we invest in bitcoin for the long term, of course we have to be strong in holding bitcoin, because usually bull runs are always there, but we won't know when the bull run arrives.
Not everything depends on the economy alone. If you check, you can see that many countries have not yet legalized Bitcoin but their countries are very developed in terms of economy. So why didn't Bitcoin legalize there? This is because they are still afraid to transact through Bitcoin. They still don't trust Bitcoin.They still don't know much about Bitcoin. So first those people have to believe in Bitcoin who are still talking negative about Bitcoin.
Only then everyone can enjoy the joy of using Bitcoin correctly and easily. But one thing we have to keep in mind is that bear market can occur at any time during cryptocurrency, and this is the best time to invest in Bitcoin.
legendary
Activity: 3010
Merit: 1280
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November 18, 2022, 02:20:49 PM
#80
Do you know Bitcoin old price history? Bitcoin price surprised us per year, almost my experienced when bitcoin price dumped then bitcoin price also growed up.Bitcoin is most successful and most valuable coin in cryptocurrency. I hope bitcoin price will recover soon.

Bitcoin never failed to amaze everyone.  The way it shames analysts, the way it has proven itself against haters, and the way it teaches everyone the essence of waiting and being patient.  When everyone thinks that the price of Bitcoin will continue to surge, it will crash for some reason that is actually not directly connected to supply and demand and the same goes when bitcoin is at the bottom, it will suddenly rally up.  That is how unpredictable Bitcoin price movement it. But, One thing is certain with Bitcoin, no matter how hard it dumps, it will eventually rally and break its ATH in due time.  Repeating its history again and again.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
November 18, 2022, 10:36:08 AM
#79
Do you know Bitcoin old price history? Bitcoin price surprised us per year, almost my experienced when bitcoin price dumped then bitcoin price also growed up.Bitcoin is most successful and most valuable coin in cryptocurrency. I hope bitcoin price will recover soon.
If he knew the old price history of bitcoin, he certainly would not have panicked when he saw the sharp decline experienced by bitcoin. He will even be excited to be able to see the lowest price because it means he can buy more bitcoins than before. Most people only see the negative side of this downturn without seeing what we can get out of this downturn. If we can explore what potential we can get, we will immediately use it for our benefit so that this will provide opportunities for us to benefit later.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
November 18, 2022, 09:05:18 AM
#78
It is believed that the price of Bitcoin will increase by 80% after the halving. But how far will the price of Bitcoin drop if there are not a large number of people buying Bitcoin.
A lot of people have indicated that this is an opportunity to buy bitcoins now and stash them. But why is the price of Bitcoin still the same. I think Bitcoin may repeat history, but it may not. I don't believe in prophecies.

We don't know the exact percentages of the raise of the price of Bitcoin but what we do know is that about 1 or 1.5 years after the halves that we had so far the price of Bitcoin reached new all time highs.The first were in November 2013 when halving was in 2012 and then secondly in December 2017 when halving was in the middle of the 2016 and lastly we had a couple of all time highs last year in 2021 when the last halve happened in mid 2020 also.

I think these are enough of clear indications that history repeat itself and we must be prepared for the bull run which by calculations based on the above facts should be in Q4 of 2025.
full member
Activity: 1358
Merit: 104
November 18, 2022, 01:53:36 AM
#77
Do you know Bitcoin old price history? Bitcoin price surprised us per year, almost my experienced when bitcoin price dumped then bitcoin price also growed up.Bitcoin is most successful and most valuable coin in cryptocurrency. I hope bitcoin price will recover soon.
hero member
Activity: 2982
Merit: 610
November 18, 2022, 12:40:17 AM
#76
It is believed that the price of Bitcoin will increase by 80% after the halving. But how far will the price of Bitcoin drop if there are not a large number of people buying Bitcoin.
A lot of people have indicated that this is an opportunity to buy bitcoins now and stash them. But why is the price of Bitcoin still the same. I think Bitcoin may repeat history, but it may not. I don't believe in prophecies.
I'm not sure about an 80% increase after halving but what just I know is that prices will soar high after that. Prices will turn high even more by 80%, with no stopping until the end of the bull season.

And if we believe this will happen again, then help ourselves to prepare for it by simply accumulating more Bitcoin. In fact, we have been given the chance already and it was a shame of we just disregarded this and let go of the moment.
newbie
Activity: 23
Merit: 0
November 17, 2022, 10:26:35 PM
#75
It is believed that the price of Bitcoin will increase by 80% after the halving. But how far will the price of Bitcoin drop if there are not a large number of people buying Bitcoin.
A lot of people have indicated that this is an opportunity to buy bitcoins now and stash them. But why is the price of Bitcoin still the same. I think Bitcoin may repeat history, but it may not. I don't believe in prophecies.
member
Activity: 476
Merit: 60
November 17, 2022, 07:15:28 PM
#74
Starting at the peak of 2013, then the history repeats in 2017, and again in 2021.  Do we still have to doubt bitcoin repeating its history?  I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years.  So the question of whether Bitcoin will repeat its history can be answerable with yes.  Besides all throughout human history, the same kind of event happened and keeps on repeating.  It may not include the same people and place, but the core of the incident is the same.  This is solid proof that Bitcoin has huge chance of repeating its history again.

but I think that in the future bitcoin will be difficult to predict like the bul run, of course it will be difficult to predict and it could happen every 5 years or less because of course no one will know about it all. and it could be that the cycle that has occurred is just a coincidence, so basically no one will know whether bitcoin will repeat history or not.
legendary
Activity: 2646
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DGbet.fun - Crypto Sportsbook
November 17, 2022, 06:59:36 PM
#73
History repeats itself and bitcoin is not an exception to it. Everything have got certain time period for the history to get repeated. For bitcoin it is four years. The cyclical pattern of movement continues. The best part we can't be sure about this move. At times the same could have deviation in the market movement due to unexpected events happening in the market.

With bitcoin we can assume the transition, but we can't be sure of the market bottom and the top. So, to make the success out of the cryptomarket we need to be very calculative if not things could go completely in the opposite direction.
sr. member
Activity: 1372
Merit: 348
November 17, 2022, 05:14:46 PM
#72
Starting at the peak of 2013, then the history repeats in 2017, and again in 2021.  Do we still have to doubt bitcoin repeating its history?  I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years.  So the question of whether Bitcoin will repeat its history can be answerable with yes.  Besides all throughout human history, the same kind of event happened and keeps on repeating.  It may not include the same people and place, but the core of the incident is the same.  This is solid proof that Bitcoin has huge chance of repeating its history again.
We are now confident that every 4-year cycle is really going to happen. Yet, some people never see and understand it but rather make their other market assumptions, of course, that was their opinion as well.

Many people base their assumption on what they are personally thinking without looking at the possible evidence that the history is already repeating itself.  Look at the price now, the current price today is the price of BTC during 2018, thus price history of Bitcoin repeats itself.  Now the trend and cycle of breaking ATH also repeats itself, and I believe will also repeat itself after the 2024 halving.


However, with the course of the market trend since January, we already know that dump will still dominate the market this year, and no signs of a Bullrun. That is why we also need to make HOLD become habitual as this is certainly needed here in crypto as I can see that this bear season will stay until next year.

Well there is no bull run in the year after the ATH is recorded.  So it is expected to happen this year when the new ATH was just recorded a year ago.
legendary
Activity: 2576
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Leading Crypto Sports Betting & Casino Platform
November 17, 2022, 05:05:52 PM
#71
Starting at the peak of 2013, then the history repeats in 2017, and again in 2021.  Do we still have to doubt bitcoin repeating its history?  I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years.  So the question of whether Bitcoin will repeat its history can be answerable with yes.  Besides all throughout human history, the same kind of event happened and keeps on repeating.  It may not include the same people and place, but the core of the incident is the same.  This is solid proof that Bitcoin has huge chance of repeating its history again.
We are now confident that every 4-year cycle is really going to happen. Yet, some people never see and understand it but rather make their other market assumptions, of course, that was their opinion as well. However, with the course of the market trend since January, we already know that dump will still dominate the market this year, and no signs of a Bullrun. That is why we also need to make HOLD become habitual as this is certainly needed here in crypto as I can see that this bear season will stay until next year.
There's nothing constant in this industry because market prices are naturally volatile. We cannot blame them from having different assumptions. The only thing we could rely for is that the market price will still have the tendency to go up even if it falls down multiple times, but if we would be realistic there's always that tendency for the market value of even huge names in this industry, to be burried down for a long period of time simoly because market values are characterized by market demand. If ever majority of investors will abandon their crypto investment, this would be possible. So let us hope for this industry for a long run.
sr. member
Activity: 2436
Merit: 343
November 17, 2022, 04:45:18 PM
#70
Starting at the peak of 2013, then the history repeats in 2017, and again in 2021.  Do we still have to doubt bitcoin repeating its history?  I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years.  So the question of whether Bitcoin will repeat its history can be answerable with yes.  Besides all throughout human history, the same kind of event happened and keeps on repeating.  It may not include the same people and place, but the core of the incident is the same.  This is solid proof that Bitcoin has huge chance of repeating its history again.
We are now confident that every 4-year cycle is really going to happen. Yet, some people never see and understand it but rather make their other market assumptions, of course, that was their opinion as well. However, with the course of the market trend since January, we already know that dump will still dominate the market this year, and no signs of a Bullrun. That is why we also need to make HOLD become habitual as this is certainly needed here in crypto as I can see that this bear season will stay until next year.
legendary
Activity: 2954
Merit: 1153
November 17, 2022, 01:09:17 PM
#69
Starting at the peak of 2013, then the history repeats in 2017, and again in 2021.  Do we still have to doubt bitcoin repeating its history?  I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years.  So the question of whether Bitcoin will repeat its history can be answerable with yes.  Besides all throughout human history, the same kind of event happened and keeps on repeating.  It may not include the same people and place, but the core of the incident is the same.  This is solid proof that Bitcoin has huge chance of repeating its history again.
legendary
Activity: 3248
Merit: 1402
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November 17, 2022, 12:14:01 PM
#68
People keep connecting Bitcoin rise to halvings, which I still believe is just one way to look at it, not the objective position on the matter. Bitcoin grows over time, and there haven't been enough 4-year cycles with enough data to attribute this growth specifically to halving events. Conveniently, when speaking of halvings, people usually take the whole year when it happens if not even the next one. That's a huge time span, whereas if we look at halvings and the price, say, a couple of months before and a couple of months later, the picture doesn't add up as nicely.
2022 is almost over, and it seems likely that it won't have a strong finish. But the bear market can be  over at any point in 2023, maybe there's no need to wait for 2024 or even a year after that.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
November 17, 2022, 09:02:36 AM
#67
Yes this trend has been seen in every 4 years. Many early investors have witnessed about this, and I too can agree on this. But to be honest, this time the bear market has been there for long time then the previous ones. So yes we might see a different trend following this time.
In this bull run and this bear market, Bitcoin breaks its history. In the recent bull run, Bitcoin only has about 3-time increase from its 2017 and 2018 bull run All time high. From its latest all time high, it is a first time Bitcoin fell below its all time high in previous bull run, which is $20,000.

Two times history does not repeat itself completely in this cycle. Fortunately, at least we know halving every four years will help Bitcoin has a new bull run and I positively think that it will make a new all time high for each halving.

Quote
Moreover we shouldn’t be upset with the price of the coin, as it will only increase when we demand it more. So due to the limited amount in supply, when people will start more buying then selling, the price will automatically go up.
Adoption increases, demand increases and only 21 million bitcoins in total supply. In circulating supply, there are more bitcoins lost forever by careless Bitcoin users who don't write down their seeds correctly and don't have good and usable backups
newbie
Activity: 17
Merit: 0
November 17, 2022, 03:02:32 AM
#66
Yes, the charts tell us that. Every 4-5 years, the price of bitcoin experiences a high bull run. But we can’t say if this will really happen. I think, one should place their bets with careful analysis and invest that they can afford to lose.
member
Activity: 96
Merit: 10
November 10, 2022, 07:35:41 AM
#65
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 Smiley Smiley
For a course of 4 years and seeing the history on how it did really end up or the path that it did take then we can really presume that it does really have high chances that we might be seeing on the same path
on upcoming years to come, but it cant really be that an assured thing that we would be seeing some high numbers but lets hope that it will but make yourself that prepared on whatever things might happen ahead.
There's no assurance once you had invested on this market where it cant really be assured whether we would really be making huge profits on long term or not.
So if you could put up some risk on accumulating and holding bitcoin for too long then its up on someones choice.

Bitcoin is getting more and more popular every year. In this regard, its price now depends on more factors (politics, commerce, the energy crisis, huge inflation in America) than before, and now they are much more inhibiting its growth. I agree with you that bitcoin is cyclical, BUT it will take a lot more time now, waiting for the bull market.
sr. member
Activity: 771
Merit: 293
October 24, 2022, 09:22:40 AM
#64
Yes, in a theory or graphic analysis. However this question appears to imply that bitcoin is an automatic machine that will spin faster every 4 years. We are, and everyone who trade BTC will affect the market, don't we? High price are possible if there are several factors, such as news, government statements, and others.
Meanwhile, people are avoiding spending money due to the economic crisis, and it remains to be seen if the crisis will end in 2024 or 2026.
Of course we won't know whether the bitcoin price will repeat itself like last year or not because of the worsening economic crisis, but I think the bull run market will definitely come again, but we won't know the time.
So what is your point? Isn't my previous explanation the same as what you wrote (except for the bull run)? You can be assured the bull run will come although you don't know the time, and it can be wrong. Anything can happen, depending on market demand and some of the factors I mentioned earlier.
copper member
Activity: 2268
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October 24, 2022, 08:04:46 AM
#63
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  Smiley

Yes this trend has been seen in every 4 years. Many early investors have witnessed about this, and I too can agree on this. But to be honest, this time the bear market has been there for long time then the previous ones. So yes we might see a different trend following this time. Moreover we shouldn’t be upset with the price of the coin, as it will only increase when we demand it more. So due to the limited amount in supply, when people will start more buying then selling, the price will automatically go up.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
October 24, 2022, 07:45:52 AM
#62
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 Smiley Smiley
Talking about bitcoin repeating its history, bitcoin made a history in 2013 as well as set a record, which I believe was the first, in 2017, it repeated that history and broke the record it set in 2013, and again in 2020, it repeated the history again and broke the record it set in 2017.....
We are now in 2022 and the price of bitcoin has dropped a little below its 2017 all time high, alot of investors are looking forward to 2024, hoping that bitcoin makes another history and maybe break the record it set in 2020, we can only guess or predict, nothing is certain, though the chances are high, but only count on it if you are currently investing in bitcoin hoping for 2024 to come, hopefully, bitcoin wont disappoint us.
legendary
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October 24, 2022, 06:02:28 AM
#61
The point is no one can repeat history in term of physical objects or emotional objects. The focus is History Repeats itself. Let me put an example BTC made one ATH then History Repeats it self. You can say that everything in this World is cyclical so be prepared. In crypto your preparation is = Accumulation and your Patience= Rewards and Rewards occurs through the Holdings..
legendary
Activity: 2674
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October 23, 2022, 06:02:56 PM
#60
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 Smiley Smiley
History will repeat itself in Bitcoin price,it may not be the exact 4yrs as history have recorded so far but it might be a little bit close to the four years or a little bit after. If you look at the bear and bull,its the same record, where the bear comes after the bull. Therefore the must be ATH which we will also experience. Let's not just see that the bull market price bitcoin will be very expensive, it might not be very expensive to the extend we are assuming. Even in our lives if we sit and think back,you will see that we have ups and downs which comes at a particular interval. There is nothing happening now that hasn't happened before,if you look back at history, Bitcoin price will repeat history no matter the factors affecting it

True , bitcoin is for the true believer .. and you need to think in extraordinary way in order to follow bitcoin vision , you know what? That's how visioner people doing their job , for instance if the normal people think that the 4 year cycle of halving would occurrd exactly at the 4th year then you need to have another point of view ... an extraordinary one.

The moment people realized it is the 4th year and halving must be really soon lifting bitcoin price into its all time high then the more people will holding their bitcoin first instead of keep buying it .. you know what? There will always a moment for thise who are not true believer gonna sell their bitcoin due their impatience , that's for me the moment bitcoin warming up to the next ATH.
hero member
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October 23, 2022, 11:03:36 AM
#59
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 Smiley Smiley
History will repeat itself in Bitcoin price,it may not be the exact 4yrs as history have recorded so far but it might be a little bit close to the four years or a little bit after. If you look at the bear and bull,its the same record, where the bear comes after the bull. Therefore the must be ATH which we will also experience. Let's not just see that the bull market price bitcoin will be very expensive, it might not be very expensive to the extend we are assuming. Even in our lives if we sit and think back,you will see that we have ups and downs which comes at a particular interval. There is nothing happening now that hasn't happened before,if you look back at history, Bitcoin price will repeat history no matter the factors affecting it
legendary
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MAaaN...!! CUT THAT STUPID SHIT
October 23, 2022, 08:07:05 AM
#58
~snip~
This means we are going to end up seeing a big increase in 2023 when normally people are expecting it on 2024 or 2025, and that may or may not happen but I am preparing myself for something like that, if I am wrong then all that changes would be me waiting a few more years.

The big increase in 2023 may not be valid yet, but we do have to be prepared for any situation that might happen. I personally have to be ready at any time, a bearish or bullish market can certainly be profitable if I can take advantage of the moment well. The new ATH will definitely be reached, but it's just a matter of time. Remember that Bitcoin has been known and adopted by many parties. And if bitcoins have been mined Bitcoins are getting rarer and the price will definitely be more expensive.
legendary
Activity: 1596
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October 23, 2022, 07:54:17 AM
#57
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 Smiley Smiley

It's more than accepted that the Bitcoin price follows a 4-year cycle in which the prices breach through the previous highs and then the price finds a new All-Time High, This has been so since 2009. Unfortunately, it's also accepted that every cycle comes to an end and this may also be true when it comes to the Bitcoin price. Bitcoin has endured so much since its inception, however, regulation is now becoming an enormous hindrance and nobody knows how CBDCs will impact the cryptocurrency Industry once many countries follow through. Right now, it is all a big IF. I still feel we will see new highs soon or in the worst-case scenario, we may be in for a neverending downfall.
hero member
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Nothing lasts forever
October 23, 2022, 06:34:51 AM
#56
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 Smiley Smiley

It is expected to come this question from a newbie. Yes bitcoin repeats history in the way where it always breaks it's ATH.
We have seen bitcoin in a bear run bottoming out and starting a reversal followed by a bull run which creates a new ATH.
This cycle repeats in a span of 4-5 years and there's a catalyst such as the bitcoin halving or paypal accepting cryptocurrencies which triggers the bull run.
Currently there is no such big positive news which triggers a bull run but it will happen.
I have witnessed this in the past few years.
hero member
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October 23, 2022, 06:27:53 AM
#55
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  Smiley

Are you referring to Bitcoin halving Sir? and do you also mean that in the coming 2024 this will be the fourth year again for there to be a change in the price of bitcoin in the market that will kick its value up again and we just don't know what price it will raise when it happens that?

I also noticed that as the year goes by or time goes by, there is a change in the price value of the bitcoin market, so many people rely on and hold bitcoin at the moment because of this matter.


Bitcoin halving is part of it but not totally the reason of the cycle. If you see the chart records, The price didn’t start the strong after the halving in fact the price dump after and just recover later on. The best example to invalidate this theory was the 2nd Bitcoin halving which is 2016 while the peak for that cycle occurs next year after the halving which is 2017. It just happened that the cycle was 4 years in crypto and coincides halving on every cycle.
legendary
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October 23, 2022, 06:09:00 AM
#54
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  Smiley

Are you referring to Bitcoin halving Sir? and do you also mean that in the coming 2024 this will be the fourth year again for there to be a change in the price of bitcoin in the market that will kick its value up again and we just don't know what price it will raise when it happens that?
(....)
Most of the people including me are basing here. The Bitcoin block halving is a very important event on the Bitcoin not only for Bitcoin but for sure it is also for the entire cryptocurrency market.
About the this history, if we will base on Bitcoin block halving, then we will expect to see the price will start to rise months before the Block halving which is expected to happen in 2024.
hero member
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October 23, 2022, 01:23:22 AM
#53
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  Smiley

Are you referring to Bitcoin halving Sir? and do you also mean that in the coming 2024 this will be the fourth year again for there to be a change in the price of bitcoin in the market that will kick its value up again and we just don't know what price it will raise when it happens that?

I also noticed that as the year goes by or time goes by, there is a change in the price value of the bitcoin market, so many people rely on and hold bitcoin at the moment because of this matter.
newbie
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October 22, 2022, 11:17:36 PM
#52
The cycling does not actually have that effects on the bitcoin price anymore lot of prediction about bitcoin that it could gets to what people  don't even think of, yet today bitcoin couldn't go that much lower as they thought it should be. To me what I understood and taking note of is that there is always much variation in every year but the turning point doesn't really takes action between length of 4 years rather 2 to 3 years before the next bitcoin halving. So if you may ask me I will suggest you should take your time and do your analysis careful.
Regardless it will still fall into or between the 4 years range. Looking at this Bitcoin Rainbow Chart, it seems like there is one major ATH in that 4-year circle and maybe some other peaks too, and from this same chart, It does seem like Bitcoin is at the bottom or close because looking at the next image of trade view chart,


 


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 History always repeat itself!

https://i.imgur.com/F13gFCR.png
full member
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betfury
October 22, 2022, 10:51:06 PM
#51
I once thought realistically in 2013. 2018 etc. it made me think why i sold bitcoin too fast at that time.without knowing and learning when the turning point is in 4-5 years one way.or the next 2024? the mindset of investors knows the risk even though the current price in my opinion is not too bad and I have no reason to worry. As we go there will be people who will come to hold bitcoin, store with other altcoins or create pools and synchronization with fiat [p2p] I think mining is still running even though supply is running low but I am optimistic that bitcoin will return to ATH even 2 times more than last year. even though it is bearish this bitcoin will be fine
sr. member
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October 22, 2022, 09:22:20 PM
#50
why do you have to question that, while we have seen that the current price of all cryptocurrencies is cheap and it is better to buy it cheap is something more important than talking about history repeating itself, history should be a lesson so that everyone buys when it is cheap and sells when it is expensive
It's true as you said the bitcoin price is now going down, we have to take the opportunity when the price goes down and we have to set aside a little of our money to buy bitcoin, we also have to believe even though bitcoin can't repeat history like before but at least we have to believe that the bitcoin price it will definitely bounce back, because we know the supply of bitcoin is very limited, in contrast to FIAT currencies which are unlimited and governments are free to issue FIAT currencies they want.
member
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October 22, 2022, 07:16:06 PM
#49
Yes, in a theory or graphic analysis. However this question appears to imply that bitcoin is an automatic machine that will spin faster every 4 years. We are, and everyone who trade BTC will affect the market, don't we? High price are possible if there are several factors, such as news, government statements, and others.
Meanwhile, people are avoiding spending money due to the economic crisis, and it remains to be seen if the crisis will end in 2024 or 2026.

Of course we won't know whether the bitcoin price will repeat itself like last year or not because of the worsening economic crisis, but I think the bull run market will definitely come again, but we won't know the time.
legendary
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October 22, 2022, 04:29:20 PM
#48
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.
It is 100% guaranteed that the price will go up, only thing that is not certain is when it will happen. If you have been in the crypto world long enough then you would know that it's going to be recovering for sure, we do not know when it will, we never know when it will, it could be in 3 months, it could be in 3 years, we have no idea but one thing is certain that it will recover for sure.

This is why I believe that we should not be really working towards being too timid about our purchases on crypto right now, we should be more brave because the brave ones who get in right now will be the ones who will profit when the time comes and they profit.
legendary
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October 21, 2022, 02:01:17 PM
#47
I usually ask people who support such theories why do you expect bitcoin to follow the pattern of previous two bear markets where it went down more than 80% if it did not follow them on the way up?

The last bull markets offered 20x returns from the previous high and people were expecting at least 10x this time but all they got was less than 4x. Are we supposed to get a very bad bull market with no FOMO rally followed by a severe bear market?

People say what goes up must come down, but we're already down below the 2017 ATH.
hero member
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October 21, 2022, 01:29:33 PM
#46
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.
People are relying on the past way too much to make calculations for the future. I personally agree that just because something happened in the past doesn't mean that it will happen in the future as well. I agree that there is a good chance that we may not repeat the same cycle, but in a good way where we may end up going up a lot in 2023, that's my own opinion though and not an advice.

This means we are going to end up seeing a big increase in 2023 when normally people are expecting it on 2024 or 2025, and that may or may not happen but I am preparing myself for something like that, if I am wrong then all that changes would be me waiting a few more years.
hero member
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October 21, 2022, 01:19:34 PM
#45
I didn't click on the link. But if you are referring to the 4-year cycle pattern, that's very familiar. Did you really find it yourself?

Anyway, what happened in the past may or may not happen again. It is not in any way a guarantee that it will happen again. If it happened once, twice, thrice, that still doesn't assure you that it will happen again. So I wouldn't go all-in on that.

Perhaps the only thing that I'd like to believe as a guarantee is that better days will come. Whether it will follow the 4-year cycle pattern or not, it doesn't matter. What matters is that we will make another ATH sooner or later. That's something I can bet all-in.
You are right and I believe this should be the main focus of most investors and not how soon the next ATH will be. History has shown us that Bitcoin has been able to recover after every bear market and whether it repeats this after every 4 years like before can't really be confirmed as you said but at least from the general BTC price trend so far, it has been on an upward trend.    

Why won't btc record another ath after the next coming halving? I don't think this is even a question to be debating on, looking back at previous circles already shows what will happen after the next halving. The only thing no one can guess right is how high the next ath will be.
There have been more advancements in the area of acceptance and adoption which is an additional push toward btc widespread all over the world in the different economic sectors.  The pattern may not be the same but btc will definitely record a new ath, there is no other coin like btc, don't forget that.
sr. member
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October 21, 2022, 10:48:38 AM
#44
The fact that Bitcoin has shown this trend or has followed this cycle every 4 years doesn't guarantee that it will happen again in 4 years.
But if the economy improves in 2023, maybe that trend will be a guarantee. Imagine if everyone thought the Bitcoin price was going to hit a new peak, then they rushed to buy, wouldn't that move the price up? It could be faster than we thought.

Price movements are often affected by human decisions (either to buy or sell) and these decisions are driven by emotions and results of analysis
People's decisions to sell or buy are strongly affected by fundamentals, but don't let emotions control you.
full member
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October 21, 2022, 10:43:22 AM
#43
if we want to look back that repetition every 4 years will always happen and this is unavoidable and there will be another cycle like that. many have also said that and we believe that indeed situations like repetition will always occur.
let's see Halving and ATH will always be repeated every 4 years and this has been proven;



Number
1.
2.
3.
4.

HALVING
2012
2016
2020
2024
PRICE
- $12
- $650
- $8,821
-
ATH
2103
2017
2021
202.
PRICE
- $1,146
- $19,475
- $68,789
-


but will 2024 happen again? If we look at the past, it will definitely happen again.
but we also know that 2024 is the year of crisis that is expected to hit the world, will bitcoin not be affected?
we will see and we are always optimistic that repetition will always happen.

newbie
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October 21, 2022, 10:22:32 AM
#42
The fact that Bitcoin has shown this trend or has followed this cycle every 4 years doesn't guarantee that it will happen again in 4 years. I think it's actually very important to take the human factors into play when considering this. Price movements are often affected by human decisions (either to buy or sell) and these decisions are driven by emotions and results of analysis
So there's a chance that Bitcoin will reach a new ATH in 2025, but it's not guaranteed.
legendary
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October 21, 2022, 08:41:26 AM
#41
There is probably one point: The Halving. The Miner will get half rewards after halving (3.125 BTC). So there will be 3.125 BTC less Bitcoin available for sale per block. This should push bitcoin to better/higher prices, so it was in the past. Important: The acceptance of the people for Bitcoin and a few big news. Many Bitcoiners play with this idea and this can also lead to something being forced.
sr. member
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October 21, 2022, 07:16:15 AM
#40
Yes, in a theory or graphic analysis. However this question appears to imply that bitcoin is an automatic machine that will spin faster every 4 years. We are, and everyone who trade BTC will affect the market, don't we? High price are possible if there are several factors, such as news, government statements, and others.
Meanwhile, people are avoiding spending money due to the economic crisis, and it remains to be seen if the crisis will end in 2024 or 2026.
legendary
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October 21, 2022, 07:14:43 AM
#39
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 Smiley Smiley
Sure this isn't your channel and some promotional strategy of yours? Am just saying and my thoughts though. The truth is, nothing is stagnated and there are certain expectations that have that have found to repeat over and over again. Trends like, bearish markets, bullish markets, halvings and a few more. These are expectations that do happen but, you shouldn't have the hope of bitcoin breaking a dip from the last bearish market. I haven't seen any of that happening and I hope someone would show me if it has.
These knowledges do help and its good to be conscious of the fact so you know what to expect.
legendary
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October 21, 2022, 06:18:24 AM
#38
History can repeat itself or not, it was discussed even before bitcoin passed ATH 2017. In fact bitcoin actually hit new ATH even 3x above ATH 2017, but however this history has no rules. I think history is very likely to repeat itself if bitcoin really gets a lot of support during the halving and the year after. But there is no certainty even if speculation and discussion about it is always carried out.

Honestly I really want history to repeat itself, but wouldn't be surprised if it didn't happen in the next 2 or 3 years.
legendary
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October 21, 2022, 05:51:14 AM
#37
I think that people who say that history repeats are looking for patterns that don't exist and modifying them to fit their narrative.

The markets are completely different every time, but people want them to be similar so they say things like:
According to the bitcoin bear cycle, bitcoin will drop 80-85% in value

There's no such rule.
Since 2012 there were 7 or 8 crashes of 50% or more and 3 of them were over 80%, but that doesn't mean this one will be 80% again. Bitcoin matures with every cycle and becomes stronger with more businesses added, more hash power, more users and more institutional investors. If the bottom were to be at 73%, I wouldn't be surprised.

If you want to see how the market cycles change check the length of the bear markets. The time between a market bottom and the next halving was different each time.
364 days before the first halving, then 539 and 504. We are now 517 days before the halving, so is there a pattern? No, because the bottom could've been in June or still coming, nobody knows that, but the double top in 2021 proves to me that bitcoin does the unexpected.
member
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October 21, 2022, 05:09:01 AM
#36
it cycles bitcoin every 4 years, and it's a halving.
if you don't know halving,
halving is the reduction of the reward earned by miners, who manage to add new blocks to the blockchain, by half. The halving basically aims to maintain the scarcity of crypto assets and most importantly bitcoin.
member
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October 21, 2022, 03:59:22 AM
#36
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 Smiley Smiley
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.
sr. member
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October 21, 2022, 03:37:18 AM
#35
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.
hero member
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October 20, 2022, 05:15:21 PM
#34
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  Smiley
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.
hero member
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October 20, 2022, 05:02:03 PM
#33
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  Smiley
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.
hero member
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October 20, 2022, 04:52:13 PM
#32
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 Smiley Smiley

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.
hero member
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October 20, 2022, 04:29:31 PM
#31
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 .
hero member
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October 20, 2022, 03:59:12 PM
#30
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  Smiley
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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October 20, 2022, 02:20:39 PM
#29
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  Smiley

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.
legendary
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October 20, 2022, 01:26:14 PM
#28
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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October 20, 2022, 11:37:03 AM
#27
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 Smiley Smiley

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.
hero member
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October 20, 2022, 10:45:44 AM
#26
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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October 20, 2022, 10:12:36 AM
#25
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.
legendary
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October 20, 2022, 09:49:56 AM
#24
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.
legendary
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October 20, 2022, 09:31:57 AM
#23
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  Smiley
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.
legendary
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October 20, 2022, 08:54:52 AM
#22
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  Smiley
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.
legendary
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October 20, 2022, 08:52:45 AM
#21
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:

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.


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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October 20, 2022, 08:21:31 AM
#20
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.
legendary
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October 20, 2022, 08:19:35 AM
#19
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 Smiley Smiley

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
hero member
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October 20, 2022, 07:57:24 AM
#18
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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October 20, 2022, 07:41:32 AM
#17
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 Smiley Smiley
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.
legendary
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October 20, 2022, 07:27:13 AM
#16
I didn't click on the link. But if you are referring to the 4-year cycle pattern, that's very familiar. Did you really find it yourself?

Anyway, what happened in the past may or may not happen again. It is not in any way a guarantee that it will happen again. If it happened once, twice, thrice, that still doesn't assure you that it will happen again. So I wouldn't go all-in on that.

Perhaps the only thing that I'd like to believe as a guarantee is that better days will come. Whether it will follow the 4-year cycle pattern or not, it doesn't matter. What matters is that we will make another ATH sooner or later. That's something I can bet all-in.
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October 20, 2022, 07:24:48 AM
#15
There is a possibility that the history of bitcoin will repeat itself in the next 4 years and maybe it will happen in 2024. But that is only a possibility considering that now so many people have joined bitcoin and don't want to miss the opportunity to profit from bitcoin. But if that cycle persists, that means we will see the price of bitcoin increase and get a rally, which will trigger the price to get a pump. So before we enter the new year or next year, we better use this moment to buy bitcoins. And if next year the price of bitcoin is still at its lowest level like now, we are still given the opportunity to buy more.
legendary
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October 20, 2022, 06:22:18 AM
#14
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 Smiley Smiley
For a course of 4 years and seeing the history on how it did really end up or the path that it did take then we can really presume that it does really have high chances that we might be seeing on the same path
on upcoming years to come, but it cant really be that an assured thing that we would be seeing some high numbers but lets hope that it will but make yourself that prepared on whatever things might happen ahead.
There's no assurance once you had invested on this market where it cant really be assured whether we would really be making huge profits on long term or not.
So if you could put up some risk on accumulating and holding bitcoin for too long then its up on someones choice.
hero member
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October 20, 2022, 05:46:26 AM
#13
To be honest Bitcoin wouldn't follow the 4 year cycle, but everyone who contribute to the market are really believe Bitcoin will follow the 4 year cycle and that's make a high chance Bitcoin would break new ATH on 2025.

Regardless it will still fall into or between the 4 years range. Looking at this Bitcoin Rainbow Chart, it seems like there is one major ATH in that 4-year circle and maybe some other peaks too, and from this same chart, It does seem like Bitcoin is at the bottom or close because looking at the next image of trade view chart,
Same old same old, it's just like a PlanB speculation with his Stock To Flow model. He said Bitcoin price will hit $100,000 at the end of the last year, but actually the truth the highest only hit $69,000.

Kind of stupid question imo, bitcoin has been doing almost the same if not totally similar movement for it's lifetime, the only acceptable answer to this question is yes, it's going to repeat history.
Although it's a stupid question, can you give a 100% guarantee if Bitcoin will follow the 4 year cycle which mean we will see huge price increase on 2024-2025? If it goes wrong, what you will do? or can we say you're stupid?
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October 20, 2022, 04:43:55 AM
#12
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  Smiley

Bitcoin does follow this four years cycle till now. Every four years we see a new high and then a bear market. But my question is that What is the grantee that this model will be repeated every four years. There is no hard and fast rule that bitcoin should follow this 4 year cycle.

Is there a possibility that bitcoin cycle increases or decreases the time span ?  Right now we don't have any other data so as long as bitcoin follow this cycle, we can hope for another cycle.
hero member
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October 20, 2022, 04:42:53 AM
#11
The cycling does not actually have that effects on the bitcoin price anymore lot of prediction about bitcoin that it could gets to what people  don't even think of, yet today bitcoin couldn't go that much lower as they thought it should be. To me what I understood and taking note of is that there is always much variation in every year but the turning point doesn't really takes action between length of 4 years rather 2 to 3 years before the next bitcoin halving. So if you may ask me I will suggest you should take your time and do your analysis careful.
Regardless it will still fall into or between the 4 years range. Looking at this Bitcoin Rainbow Chart, it seems like there is one major ATH in that 4-year circle and maybe some other peaks too, and from this same chart, It does seem like Bitcoin is at the bottom or close because looking at the next image of trade view chart,


 


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
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October 20, 2022, 04:27:05 AM
#10
That's not how the market works, we can't just take events from the past that seem to fit the current situation and then expect history to repeat itself.
and this is one thing that is certain about the future, no one can see it and no one can predict it accurately.
and only the possibility of what happened in the past can never predict accurately what will happen in the future because what happens can happen unexpectedly because what happens bitcoin ups and downs can happen due to several factors that will not be known in the future . However, historical data can help to understand the phenomenon that occurred and is useful for decision making.
legendary
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October 20, 2022, 03:55:31 AM
#9
2017 is the year where Bitcoin went up massively and then the year after that, it went down massively causing investors to lose huge amount of money. I call 2018 the "year of hell".

2021 is also the year where Bitcoin reached its new ATH of around $69,000. Now year 2022, we are again in a bear market. See the cycle? It's the 4-year cycle and I believe that it is happening again, and it will happen in the years 2025 and 2026. Now to answer your question, yes, I believe that Bitcoin will repeat history but let's not remove the fact that it might not happen as well but just looking at the history, we can see that history repeat's itself.
hero member
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October 20, 2022, 03:46:13 AM
#8
Well! if we look at its past history then we can say confidently that the price will eventually rise again just like in the past but things like this also cannot get out from mere speculations at least this is not delusion because we have evidence in the past, we just don't have concrete evidence that it will also happen after the next bitcoin halving. Right now all we can do is trust the process and carefully educate ourselves not to jump to any conclusions when investing with money because this is not enough reason to put all of your money to invest in this bearish market and wait for the next bull run. Things are changing their course every time, we just need to stick to the simple rule "spend what you can afford to lose".
legendary
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October 20, 2022, 03:08:03 AM
#7
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 Smiley Smiley

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.
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October 20, 2022, 03:04:27 AM
#6
The cycling does not actually have that effects on the bitcoin price anymore lot of prediction about bitcoin that it could gets to what people  don't even think of, yet today bitcoin couldn't go that much lower as they thought it should be. To me what I understood and taking note of is that there is always much variation in every year but the turning point doesn't really takes action between length of 4 years rather 2 to 3 years before the next bitcoin halving. So if you may ask me I will suggest you should take your time and do your analysis careful.
member
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October 20, 2022, 02:55:57 AM
#5
It's not a new thing if you're familiar with btc price movements. The history has been repeating itself more frequently 3-4 years for long time now. However, it is advisable to more research before you jump in to trading to avoid had I know eventually.
legendary
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October 20, 2022, 02:25:34 AM
#4
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 Smiley Smiley
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
member
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October 20, 2022, 02:19:13 AM
#3
Of course our won't be surprised by the ups and downs of bitcoin prices, and many say that every 5 years or 4 years bitcoin will experience a high bull run, but course no one will know for sure about it all, because in my it all depends on the economy world, but what is certain is that if we invest in bitcoin for the long term, of course we have to be strong in holding bitcoin, because usually bull runs are always there, but we won't know when the bull run arrives.
legendary
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October 20, 2022, 02:06:15 AM
#2
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  Smiley
newbie
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October 20, 2022, 02:00:42 AM
#1
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 Smiley Smiley
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