Which Market Cycle Stage Are we ?

[fiulpro]

I think we are still in the growth phase where the growth is increasing almost exponentially and soon we will reach a saturation point where everything will be levelled and it won't be that volatile and everything will soon be balanced...
When we talk about bitcoins particularly..the bitcoins are gonna have a roller coaster ride.. soon enough on 18 and after that we can expect them to increase a lot literally..and after that the investors will leave it untouched for... Gaining more and more profit..then everything will stabilize.

[1715195364]

1715195364

[1715195364]

1715195364

[1715195364]

1715195364

[1715195364]

1715195364

[Sweeet123]

Where are we in this cycle ? Not only for bitcoin, for altcoins too.
Thoughts from the experts / early adopters ?. Cheers !

Pretty sure the world is somewhere between and the believe and thrill stage when it comes to dealing with bitcoins, because people are investing quickly and are pretty optimistic about bitcoins

[Ttrader]

Right now is complacency the market is due for a correction. That statement is pretty much a blanket statement for all markets right now.

[Arz26]

I think in this cycling stage by the potential financial upside but really believe in the technology and want to prove that the technology works. In the stage of potential to understand how it works I fail or success a stage of recovery is possible.

[swscowods]

I think in this cycling stage by the potential financial upside but really believe in the technology and want to prove that the technology works. In the stage of potential to understand how it works I fail or success a stage of recovery is possible.

It is too much early to say anything on that as it has not been so long for any of the crypto currency so long and that the entire crypto market is in the early stages of their development and still it needs lot of time for crypto market to get stable in all the ways and to make some good name in the international market too by helping the investors to make some good earnings out of it too.

[Harlot]

If you are basing it on its daily charts you will see that Bitcoin is still Anxiety or Denial Stage of the Market Cycle, which means 6,000$ may not be its lowest possible price in the cycle. If we really believe that Bitcoin is undergoing in this procedure we may see Bitcoin go back again at 1,000$ which is really the stage for Depression, considering that almost new investors we have until now bought Bitcoin above 8,000$. I am still observing the market as it is currently forming a inverse head and shoulder which could signify a short term break out.