My gut feeling is that #Bitcoin cycles are going to break pattern soon.
It can’t be this easy all the way….
Agree or disagree?
Discussion
I personally believe the pattern will break… to the upside.
The technology adoption s-curve typically accelerates mid way through the process.
Now institutional interest may be arriving just as coins available on exchanges are increasingly scarce. There may be monetary breakdowns across the world that will drive more bitcoin adoption.
Many people will expect a halving cycle like prior ones but the market is wily and always does something unexpected.
I’m guessing the pattern will break by a large parabolic move higher than prior cycles. Maybe we’ll see 20x — $300k or higher.
Totally agree here. I think a bunch of people will sell after spot crosses 100k usd (they’ll anticipate diminishing returns and another 60%+ drop in spot price) but spot will keep pumping well beyond what people expect.
A lot of people are going to get rekt really bad if it happens, which the s curve adoption model supports.