Bitcoin Rally Doesn't Break Cycle
"In 2014, you will also find very convincing rallies by Bitcoin, where we even got above the bull market support band for a couple of months, yet it still did not mean that the 4-year cycle wouldn't ultimately play out or or begin, I guess, back then."
ℹ️ In shortIn 2014, Bitcoin also experienced convincing rallies, even above the support band, but this did not mean the 4-year cycle would not ultimately play out.
Predictions closed
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… And when that happened, it felt different, right? It And by the way, in 2018, the support level was around $6,000, about 1/10 of the current price. You know, in fact, the higher low in late April, or sorry, late March, early April of 2018 was around 6,500. In 2026, it was around 65,000. So, what's interesting is just how similar it actually is. In 2014, you will also find very convincing rallies by Bitcoin, where we even got above the bull market support band for a couple of months, yet it still did not mean that the 4-year cycle wouldn't ultimately play out or or begin, I guess, back then. So, the other argument is that it's never gone on this long, right? We've not had bear market rallies that lasted this long before, and that's why the 4-year cycle is broken. And if you look at kind of how long this one's been going on for, it's about 16 weeks. Now, that includes the fact that we just dropped for 2 weeks, and now we're in a third …
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