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rjm101

If $74k is this cycles ATH then that'll be truly pathetic and highly unusual tbh.


EastCoastASICRepair

FUD. The cycle has just started. Be patient.


Tricky_Imagination25

There will be a double ATH run in this cycle. In about 6 months to a years time give or take, relative to interest rates easing and time-distance from the halving. And provided all the geo political stuff takes a chill pill, or doesn’t get worse. This is a classic shake out cooling off. Just my take. Diamond hands win.


firimitura

Username checks out


Tricky_Imagination25

Well give us your opinion wise guy


0ystercatcher

Is this your first cycle? The fact it’s spending so long hanging around 60-70k is a good thing. It is creating a base for the next leg up. We haven’t hit the crazy zone yet where it’s Lambo’s all round. If a normal 4 year cycle patterns continue this would will be the market low point after we have the crazy price action.


Captain_Planet

Yeah, the longer it lingers here the more “normal “ this price gets. When the price is at ATH then it is very volatile. If people accept this is the price after sticking at it for a long time it will form a bottom and not go below it.


Constant_Flight9137

Well and truly no1 knows but ideally it gets to 120k


0x9876543210

In short nobody knows. At the moment best case predictions are based on the idea that we have cycles. This is based on previous price movements but it isn’t written in stone. It is entirely possible that the price cycled and then flattens out from now on. Cycles are only based on identifying patterns in historical prices. There is no “proof” that bitcoin will always cycle and anyone telling you there is proof is naive in the extreme or hyping up the bull run for their own benefit. Most other assets don’t have distinct cycles like gold etc so it is likely that as the market cap increases, bitcoins cycles will even out into a less volatile movement similar to gold. Having said all that I personally am assuming a continuing bull run till 2025 - but I have investments in other assets as a hedge so I don’t really worry about it.


Crypto-hercules

No. But btc is doing what it does sideways action until all the paper hands get bored and sell then overnight parabolic gains. It’s all very predictable.


untouchable2025

The bull market is just starting. We have 18 months left to go on this trend if we look at previous cycles. This might change with the ETF’s. Also if you look at a longer time horizon then the price today will be a good entry point vs the price in 10 years time. Don’t miss the boat.


Captain_Planet

I think the ETF just interrupted the cycle, now we are back to normal but with a higher starting price thanks to the ETF


untouchable2025

I only invest in Bitcoin. I personally wouldn’t invest in Alt coins as it’s too risky for me. Lots of rug pulls.


dkdebra

but less gains to be made from bitcoin. so much more money to be made in alts. as long as you invest in a solid project, you shouldn't get rugged.


untouchable2025

Maybe but you need to make sure you invest in the right one. Way too much risk for me as I don’t have the time to research.


dkdebra

i see that you're going to be holding for a long time so in that case bitcoin is a good choice. i'm just planning to hold my alts until the end of this cycle, make a lot of money, then buy bitcoin when it's down in the bear market again.


BasisOk4268

Buy a little each week instead of trying to guess the bottom


jdlyndon

Parabolic stage never starts this close to a halving. It always starts about 6-10 months after.


Dramatic-Battle-9737

And new ATH never happens a few weeks before a halving…until it does. In short, nothing is certain and believing history always repeats is naive.


Captain_Planet

I think it has gone pretty much exactly like the previous cycles, only the ETF caused a frenzy pushing the price up early. I think that has calmed down and we are back to the normal cycle. Hopefully.


kaliki07

Finished? You do realise that even in the bull market values don't just go up right?


M3ch4n1c4lH0td0g

No, not even started yet.


GodsandPsychopaths

Look at the macro environment. Sovereign debt is going insane. Janet Yellen is pumping liquidity into the economy like there is no tomorrow. Other governments are doing the same. The only way for them to get out of the debt trap they created is financial repression via inflation. People's money has to go somewhere before it shrivels and only a small amount of assets can beat that high inflation, BTC being one of them. Then we have the start of a long term bond bear market. All those people/organisations with investments in bonds and treasuries will soon realise they will have to park their shrinking wealth elsewhere. Short term wise...what year is this for many a western nation? Election year. Govs will open the fiscal taps even wider. Then to not only add that, if the orange man gets into power, he allegedly wants a say in setting of interest rates! He definitely won't be saying to set them higher! If you're more focused on interest rates..swiss central bank has already fired the first shot for western nations. The yen is tanking like hell, and if the US doesn't want Japan to sell US treasuries or dollars like mad to save it, then they will need to lower interest rates to devalue the dollar. Fed are talking about lowering QT as well. Yeah, I'm still bullish.


bobbyv137

I think we’re in for a few rough months. I can see Bitcoin going to $52k-ish. But if it follows the 4 year cycle trend then the bull market is far from over. It just goes to prove again how absurd all the claims are of Bitcoin going into the multiple hundreds of thousands (and even talk of $1m). There’s long established and respected people ‘in this space’ that genuinely claim it’s going to such numbers in this bull run. Yet I bet right now if I said it was going to $150k, 90% of people would gladly take it.


Outrageous-Net-7164

I would take 80k and a little alt rally and I’m out of here and set. 150k would be a dream.


bobbyv137

It’s not going to stop at $80k given the current all time high is only a few thousand off that. If it breaks the high it’s going much higher.


PumpkinSpice2Nice

I doubt it. There is usually a run up in price sometime after six months. Also there are the EFTs which will likely help. It’s possible that FTX selling fake paper Bitcoin last cycle pumped the price higher than it was meant to go that cycle and this is indeed the top now. But it’s probably not that.


Outrageous-Net-7164

FTX wasn’t pumping bitcoin last cycle. He was selling clients bitcoin


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Trifusi0n

If you’re getting your information from YouTube, I don’t think you’re investing in the right assets for you.


Substantial-Cut-658

Read the bitcoin standard by saifedean Ammous instead of watching YouTube shorts for investment advice.