Discussion
The Pooper Cycle
Worst cycle ever! 😡
Seems different, doesn’t it?
My friend that’s waiting for 60k is not going to have a fun time 😂
Why is 2015-2018 only 3 years when the other complete lines are 4 years?
ouch
The cycle is broken everyone loose their heads now :D
Not tracking so different than the past two prior cycles.
People wanted wall st and government involved.... now it's being manipulated. Sad
This bull market sucks
Keep looking at it and y'all are going to go blind
I think it’s a great cycle for people hesitate to go all-in. Having long period of time to buy in but soon it will break out to high price. For sure.
Corn goes back to 58k and stays there for the rest of this “cycle”.
Marty gets all excited and antsy in the pansty calling supercycle before it even starts. what a Jinx mannnnn
The theory of diminishing returns playing out perfectly.
Not gonna touch green line till 2026 imo.
Never understood how to read the right scale. It's USD value? multiplication factor from local low this cycle was 15kUSD, so 1 is 15kUSD? Or something else?
i believe the scale on the right is the multiple achieved that cycle.
Ok, so 1 is 15kUSD? Or something else?
no, the numbers on the right do not represent a dollar value. they represent a multiple of the starting value of the "cycle bottom". so as an example, lets say the starting point of the green cycle was $100 (and correspondingly that is the 0 point on the right hand axis), then the maximum of the green line is around 20, which would mean that the cycle went from $100 to $100*20=$2000.
All cycle bottoms start at the value of 0 multiple on the right hand side of the chart. Does that make more sense?
As much as it pains me to say, it appears the idea of "diminishing returns" is panning out.
😮💨🧡