📊Bitcoin cycle is changing! It will never be the same.
Hi, friends! A lot of traders and analytics talk about BTC cycles theory, but what could happen that would affect the entire crypto market? Read to the end!
Actually, if you don`t know about BTC cycles theory i`ll try to explain it also.
📊What are BTC cycles? Cycle is a period which includes bull and bear market. One cycle can be shown by the following scheme: Bottom-ATH-Bottom
Bitcoin has had two cycles in total and is now in its third cycle:
1️⃣ 2012-2015
2️⃣ 2015-2018
3️⃣ 2018-2022?
📊Presumably, Bitcoin's next cycle will be:
1️⃣ 2022-2024 - bull market
2️⃣ 2024-2025 - bear market (usually shorter, because crypto falls faster than it grows)
_____________
BITCOIN CYCLES CHANGES
📊KEY THING: Bitcoin never test the ATH as a support as you can see from the chart!
End of first cycle - 80% to the previous ATH
End of second cycle - 64% to the previous ATH
Third cycle - just 1.62% left to the ATH of the second cycle!
📊What does this mean and how this changes can affect the cryptocurrency market? This shows that Bitcoin is changing. This is because a lot of traders and investment funds are coming from the stock market into the crypto market, which they previously did not believe in or don`t have enough liquidity to trade here.
Even now the Bitcoin bull market ended not with a parabolic rise, as it always was, but with the formation of a double top, which was not happening before.
🏁Does this mean that we'll never see any more PUMPS like we've always seen in crypto? No, it means Bitcoin will rise more smoothly and fall less quickly, just like the U.S. indexes (SnP500, Nasdaq, Dow etc.).
Every asset has its own price "behavior" and it depends on the nature of the traders who trade it. The more players from the stock market are coming, the more Bitcoin will look like the stock market.
And what will happen to altcoins? Altcoins will pump during the Bitcoin bull market as always before. They have a small capitalization, so they can grow faster.
Traders, what do you think of this theory? Have you notice the changes in the cycles and BTC begavior? Write in the comments!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Actually, if you don`t know about BTC cycles theory i`ll try to explain it also.
📊What are BTC cycles? Cycle is a period which includes bull and bear market. One cycle can be shown by the following scheme: Bottom-ATH-Bottom
Bitcoin has had two cycles in total and is now in its third cycle:
1️⃣ 2012-2015
2️⃣ 2015-2018
3️⃣ 2018-2022?
📊Presumably, Bitcoin's next cycle will be:
1️⃣ 2022-2024 - bull market
2️⃣ 2024-2025 - bear market (usually shorter, because crypto falls faster than it grows)
_____________
BITCOIN CYCLES CHANGES
📊KEY THING: Bitcoin never test the ATH as a support as you can see from the chart!
End of first cycle - 80% to the previous ATH
End of second cycle - 64% to the previous ATH
Third cycle - just 1.62% left to the ATH of the second cycle!
📊What does this mean and how this changes can affect the cryptocurrency market? This shows that Bitcoin is changing. This is because a lot of traders and investment funds are coming from the stock market into the crypto market, which they previously did not believe in or don`t have enough liquidity to trade here.
Even now the Bitcoin bull market ended not with a parabolic rise, as it always was, but with the formation of a double top, which was not happening before.
🏁Does this mean that we'll never see any more PUMPS like we've always seen in crypto? No, it means Bitcoin will rise more smoothly and fall less quickly, just like the U.S. indexes (SnP500, Nasdaq, Dow etc.).
Every asset has its own price "behavior" and it depends on the nature of the traders who trade it. The more players from the stock market are coming, the more Bitcoin will look like the stock market.
And what will happen to altcoins? Altcoins will pump during the Bitcoin bull market as always before. They have a small capitalization, so they can grow faster.
Traders, what do you think of this theory? Have you notice the changes in the cycles and BTC begavior? Write in the comments!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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