The Bitcoin market cycles have been lengthening wi...
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The Bitcoin market cycles have been lengthening with new ones being longer than previous ones and with diminished returns. This has been the case whether measured from market bottom to top, or mining reward halving to top (just made a post about this). If this cycle is no different to recent ones, the market top will be reached sometime in 2022.
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I'm not sure if this is actually the case. There have only been two bubbles resulting from halving events. That's not enough information to extrapolate. And if it was enough information the market would price that information in early like it always does.
I'm seeing 4 year cycles and I'm seeing 18 months between bull markets.
I don't see any kind of lengthening on any kind of measurable scale.
It only takes one short cycle to bust up that entire theory.
All this being said: a lengthening cycle with diminishing returns is the best we could possibly hope for. That would be a legendary environment for alts to thrive. A stable Bitcoin at a high price combined with more time is exactly what this market needs.
I think all of the cycle stuff is out the window. Why... because the money printer has gone into overload. Why would bitcoin crash if cash is cheap and inflation is off the scale? Unless inflation is controlled bitcoin will do incredibly well. Once the raise interest rates, it might crash or revert back to the cycle phase.