BitcoinLong
BTC Economic cycle
so as i indicated here , we have 4 phases in each economic cycle :
1- expansion : it happens when the masses believe in future this asset will come in handy or valuable . so as the rally already started by those who joined earlier cause of their connections now retailers enter this market .
2- peak : its the very place that first by whales distributing and masses buying at higher and higher prices and then masses scared of no demand area , price starts going downhill .
3- contraction : where now retailers sell for lower and lower prices . price goes bellow actual value of the asset and then ;
4- trough : where whales and actual characters who play right start accumulating .
we are currently in the beginning of the EXPANSION era , but would we reach 100k$ this year ?
i Honestly don't think so . but we shall let this be decided later , as for now :
i believe bear market has ended .
1- expansion : it happens when the masses believe in future this asset will come in handy or valuable . so as the rally already started by those who joined earlier cause of their connections now retailers enter this market .
2- peak : its the very place that first by whales distributing and masses buying at higher and higher prices and then masses scared of no demand area , price starts going downhill .
3- contraction : where now retailers sell for lower and lower prices . price goes bellow actual value of the asset and then ;
4- trough : where whales and actual characters who play right start accumulating .
we are currently in the beginning of the EXPANSION era , but would we reach 100k$ this year ?
i Honestly don't think so . but we shall let this be decided later , as for now :
i believe bear market has ended .
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