Will Bitcoin Repeat History ?

[fxncrypt]

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks

[NotATether]

There are historical turning points every 4 years. It's when the price breaks the maximum of the previous cycle. When that happens, the price tends to go up like crazy until it reaches a new average price.

So yes, it repeats history every 4 years 

[Bazzu]

Of course our won't be surprised by the ups and downs of bitcoin prices, and many say that every 5 years or 4 years bitcoin will experience a high bull run, but course no one will know for sure about it all, because in my it all depends on the economy world, but what is certain is that if we invest in bitcoin for the long term, of course we have to be strong in holding bitcoin, because usually bull runs are always there, but we won't know when the bull run arrives.

[piebeyb]

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks

I made that thread here to share my thoughts too Bitcoin price with a 4 year cycle?, where I once believed that the 4 year cycle would repeat itself but right now I don't believe that the cycle should repeat 4 years, the bull run could come in 2023 or 2024 without having to wait for 2025 where people people are ready to throw it in that year, this is an old fashioned way of capturing so it is necessary to also look at what changes in each cycle, even if viewed from the previous charts it is never the same

[Yawa2020]

It's not a new thing if you're familiar with btc price movements. The history has been repeating itself more frequently 3-4 years for long time now. However, it is advisable to more research before you jump in to trading to avoid had I know eventually.

[Adbitco]

The cycling does not actually have that effects on the bitcoin price anymore lot of prediction about bitcoin that it could gets to what people  don't even think of, yet today bitcoin couldn't go that much lower as they thought it should be. To me what I understood and taking note of is that there is always much variation in every year but the turning point doesn't really takes action between length of 4 years rather 2 to 3 years before the next bitcoin halving. So if you may ask me I will suggest you should take your time and do your analysis careful.

[Kemarit]

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks

I guess for some of us, the cycle still holds true every 4 years as it has been proven till 2021. So yes, the cycle will continue and even though there are some who think that it can break the pattern since we have a whole country, El Salvador making it their legal tender. Super cycle or two bull runs in 4 years? Nah, I'm sorry but I don't think it's possible. So bull run starts at the halving year of 2024 and then eventually reaches it's peak in 2025.

[yazher]

Well! if we look at its past history then we can say confidently that the price will eventually rise again just like in the past but things like this also cannot get out from mere speculations at least this is not delusion because we have evidence in the past, we just don't have concrete evidence that it will also happen after the next bitcoin halving. Right now all we can do is trust the process and carefully educate ourselves not to jump to any conclusions when investing with money because this is not enough reason to put all of your money to invest in this bearish market and wait for the next bull run. Things are changing their course every time, we just need to stick to the simple rule "spend what you can afford to lose".

[LogitechMouse]

2017 is the year where Bitcoin went up massively and then the year after that, it went down massively causing investors to lose huge amount of money. I call 2018 the "year of hell".

2021 is also the year where Bitcoin reached its new ATH of around $69,000. Now year 2022, we are again in a bear market. See the cycle? It's the 4-year cycle and I believe that it is happening again, and it will happen in the years 2025 and 2026. Now to answer your question, yes, I believe that Bitcoin will repeat history but let's not remove the fact that it might not happen as well but just looking at the history, we can see that history repeat's itself.

[bitzizzix]

That's not how the market works, we can't just take events from the past that seem to fit the current situation and then expect history to repeat itself.
and this is one thing that is certain about the future, no one can see it and no one can predict it accurately.
and only the possibility of what happened in the past can never predict accurately what will happen in the future because what happens can happen unexpectedly because what happens bitcoin ups and downs can happen due to several factors that will not be known in the future . However, historical data can help to understand the phenomenon that occurred and is useful for decision making.

[KaliLinux]

The cycling does not actually have that effects on the bitcoin price anymore lot of prediction about bitcoin that it could gets to what people  don't even think of, yet today bitcoin couldn't go that much lower as they thought it should be. To me what I understood and taking note of is that there is always much variation in every year but the turning point doesn't really takes action between length of 4 years rather 2 to 3 years before the next bitcoin halving. So if you may ask me I will suggest you should take your time and do your analysis careful.

Regardless it will still fall into or between the 4 years range. Looking at this Bitcoin Rainbow Chart, it seems like there is one major ATH in that 4-year circle and maybe some other peaks too, and from this same chart, It does seem like Bitcoin is at the bottom or close because looking at the next image of trade view chart,


 


We are kind of trading along the long-time support of the last ATH and possibly if that happens to be broken like some other people believed Bitcoin will, then we are possibly looking at the Red bottom line which is around $12k-$11k which is marked with the brown line Bitcoin Rainbow Chart but do we think we could have that much deflection from within the chart down that level?
So, the big question is, can Bitcoin break the normal 4-year circle, or are we seeing another ATH before the next Halving, I think this might not happen until after the Halving

[noormcs5]

There are historical turning points every 4 years. It's when the price breaks the maximum of the previous cycle. When that happens, the price tends to go up like crazy until it reaches a new average price.

So yes, it repeats history every 4 years  

Bitcoin does follow this four years cycle till now. Every four years we see a new high and then a bear market. But my question is that What is the grantee that this model will be repeated every four years. There is no hard and fast rule that bitcoin should follow this 4 year cycle.

Is there a possibility that bitcoin cycle increases or decreases the time span ?  Right now we don't have any other data so as long as bitcoin follow this cycle, we can hope for another cycle.

[Plaguedeath]

To be honest Bitcoin wouldn't follow the 4 year cycle, but everyone who contribute to the market are really believe Bitcoin will follow the 4 year cycle and that's make a high chance Bitcoin would break new ATH on 2025.

Regardless it will still fall into or between the 4 years range. Looking at this Bitcoin Rainbow Chart, it seems like there is one major ATH in that 4-year circle and maybe some other peaks too, and from this same chart, It does seem like Bitcoin is at the bottom or close because looking at the next image of trade view chart,

Same old same old, it's just like a PlanB speculation with his Stock To Flow model. He said Bitcoin price will hit $100,000 at the end of the last year, but actually the truth the highest only hit $69,000.

Kind of stupid question imo, bitcoin has been doing almost the same if not totally similar movement for it's lifetime, the only acceptable answer to this question is yes, it's going to repeat history.

Although it's a stupid question, can you give a 100% guarantee if Bitcoin will follow the 4 year cycle which mean we will see huge price increase on 2024-2025? If it goes wrong, what you will do? or can we say you're stupid?

[milewilda]

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks

For a course of 4 years and seeing the history on how it did really end up or the path that it did take then we can really presume that it does really have high chances that we might be seeing on the same path
on upcoming years to come, but it cant really be that an assured thing that we would be seeing some high numbers but lets hope that it will but make yourself that prepared on whatever things might happen ahead.
There's no assurance once you had invested on this market where it cant really be assured whether we would really be making huge profits on long term or not.
So if you could put up some risk on accumulating and holding bitcoin for too long then its up on someones choice.

[maydna]

There is a possibility that the history of bitcoin will repeat itself in the next 4 years and maybe it will happen in 2024. But that is only a possibility considering that now so many people have joined bitcoin and don't want to miss the opportunity to profit from bitcoin. But if that cycle persists, that means we will see the price of bitcoin increase and get a rally, which will trigger the price to get a pump. So before we enter the new year or next year, we better use this moment to buy bitcoins. And if next year the price of bitcoin is still at its lowest level like now, we are still given the opportunity to buy more.

[Darker45]

I didn't click on the link. But if you are referring to the 4-year cycle pattern, that's very familiar. Did you really find it yourself?

Anyway, what happened in the past may or may not happen again. It is not in any way a guarantee that it will happen again. If it happened once, twice, thrice, that still doesn't assure you that it will happen again. So I wouldn't go all-in on that.

Perhaps the only thing that I'd like to believe as a guarantee is that better days will come. Whether it will follow the 4-year cycle pattern or not, it doesn't matter. What matters is that we will make another ATH sooner or later. That's something I can bet all-in.

[BALIK]

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks

I made that thread here to share my thoughts too Bitcoin price with a 4 year cycle?, where I once believed that the 4 year cycle would repeat itself but right now I don't believe that the cycle should repeat 4 years, the bull run could come in 2023 or 2024 without having to wait for 2025 where people people are ready to throw it in that year, this is an old fashioned way of capturing so it is necessary to also look at what changes in each cycle, even if viewed from the previous charts it is never the same

Repeat means that everything happens to be roughly the same and there are many similarities, you can't expect them to be the same in every detail. I still believe bitcoin's 4 year cycle is still going on, bitcoin will only rise and hit new ATH after halving, there will be no chance bitcoin hit ATH before halving. In addition, looking at the current economic situation, it can be seen that the possibility of a bull season in 2023 is unlikely, war, crisis and interest rates have not shown any signs of slowing down. I can't find a good reason why 2023 is the year of the bull.

[Franctoshi]

There's no two ways about it and Bitcoin will bounce back at a certain point, and getting 70% correction from Its previous all time highs ATH and only 10% away from its 80% previous market corrections, shows we are not far from the Bottom,  if yet not in.Therefore history does not only reapeat itself but it rhymes. What goes up goes down verse versa, Bitcoin does what it wants to do at any given time and it's just waiting for the right time to rebounce.

[glendall]

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks

I think the 4 year cycle will still apply this season, and it can't be denied because previous history was like that,
and the cycle will always repeat itself even though the lowest and highest prices are different because that is bitcoin which is not flat in value

[crwth]

I like the transition from 2018 to 2022. It emphasized the similarity between the two-year course of BTC. I believe that it could happen, and it can repeat itself. I think it would be something to watch out for before another bull run.

Predicting the right time on it would be the key, as to how much it will decrease and what the bottom price would be as well. I hope everyone who has invested in BTC will still have the same mindset and keep faith in their investment.