Repeating the price cycle every 4 years

[7788bitcoin]

This 4 year cycle is not a necessity, but indeed an economic principle made for the stock business or trade business in other words, it is said to be a 4 year period. so it's only natural that once there is a big market price correction, because this cycle returns to the bottom position again.

This is the first time i am hearing there is a cycle in the stock market but it depends upon the performance of the company and since you said i need to check whether there is a cycle for the stock market because i did not notice that till now but the reason everyone knows about the cryptocurrency market is because every 4 year we have a halving in Bitcoin and we all know the market will rally because the number of coins in the market reduces considerably.

[tbct_mt2]

I honestly think that there is a good chance that we are talking about a huge advantage for people who realize that bitcoin is something that is definitely not going to be low for a long time, it is going to go up very soon and even if it doesn't go up "very soon" it is still going to go up.

The market awards to patient participants and the impatient participants will are losers. In any market, the rule works so does the crypto market.

There will be a lot of people who will buy bitcoin at 80k in the future saying "I wish I bought at lower" and I can promise you that some of them are around here right now, they are saying "I will buy later in case it goes even lower" and that is what they are doing right now, they are basically focusing on the future and how bear can continue and the price could lower, so they will buy there, which they may end up buying way too late when the price goes up a lot and that is when they will buy up. Of course there will be some lucky ones like us, and we should feel awesome about it.

It is what people bought Bitcoin at $10,000 in 2017 and gave up after Bitcoin crashed before the Segwit hard fork. Then, they felt regret after Bitcoin topped up about $20,000.

If you are not good at trading, read charts and can not do accurate entry and exit, hodl is the best. If you miss a chance to take profit, and hesitate to exit early before price turns to down trend, keep hodling. If you exit too late, the point you exit would probably be bottom.

[magneto]

There will certainly be a bull run in 2024 imo. But the question really is how far the extent of the bull run will be.

Each time the amount we grow by has decreased. It makes sense since the market capitalisation of BTC has grown exponentially and it takes significantly more capital to move prices each time round.

I certainly don't expect a $300k BTC in 2024. A more realistic target would likely be $75k or $80k given the trillion dollar valuations assigned to crypto at this stage.