Bitcoin Supercycle?

[Maslate]

Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?

Bitcoin has been a great asset for protecting people from hyperinflation. If hyperinflation occurs in larger countries, crypto could benefit from it. However, what we are currently hearing is just speculation. Bitcoin can still rise in value without that factor. By studying the trend, you can figure out when to buy and sell.

If you don't want to stress yourself out too much, you can buy now and hold for the long term. Set a high target for yourself, so you'll be more profitable when the time comes to sell your holdings.

[LogitechMouse]

Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?

Possible.

I mean we've known Bitcoin as a very unpredictable cryptocurrency. I guess it all depends on your beliefs towards the price movement of Bitcoin. If you believe in the 4-year cycle of Bitcoin, then you don't expect for a Bitcoin supercycle anytime. Now if you think that Bitcoin will one time break that 4-year cycle in the future, then it's possible that a Bitcoin supercycle will happen.

Overall, it's hard to know when because Bitcoin is unpredictable. We might seen those 4-year cycles happening in the past, but there's always a 1% or more chance that it might break that cycle thus, we might see Bitcoin going down for more than a year and vice-versa. As for me, I don't think that this will happen after how I saw the price movement of Bitcoin in the past.

[Supreemo]

there was this popular belief years ago that bitcoin will undergo some kind of reset after 3-5 years, just like what happened before. i don't know if it's true or not but coincedentally it happened again 3 times already. seems like it made another correction and calm the market down and will pump again to reach a new ATH. i am not too keen about predictions and beliefs such as that since there's no one who actually proved those things, and most of the times those who claimed to be that they predicted it right were just speculations or just analysis they did before.

[ichsan ardi]

Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?

I think in times of inflation people are turning to riskier assets like bitcoin because bitcoin is resistant to inflation but from my point of view bitcoin is going to be a very valuable asset in the future as it is in limited supply I'm sure many will do. switching to bitcoin for example companies in America on average have switched to bitcoin.

[bittraffic]

Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?

I think in times of inflation people are turning to riskier assets like bitcoin because bitcoin is resistant to inflation but from my point of view bitcoin is going to be a very valuable asset in the future as it is in limited supply I'm sure many will do. switching to bitcoin for example companies in America on average have switched to bitcoin.

Been watching a finance guy on youtube for a very long time and he is big on gold and silver but after some time when CBDC was announced by the government, he seem to have sometimes segued to Bitcoin.

The bank crisis I think made him switch after seeing how it could domino affect his bank I guess he has shielded himself before it's too late. I think many will do the same as he did and probably this will widen the adoption and push the supercycle as more holders are coming and the halving will make it happen.

[Smartprofit]

Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?

In my opinion, it is necessary to take into account the fact that the dizzying rise in the price of bitcoin was accompanied by two important factors. 

The first factor was that only a limited number of people knew about Bitcoin. 

By now, most people on planet Earth are aware that Bitcoin is a deflationary financial asset that rises over time and makes its owners wealthy.  In a situation where all people realize the value of the first cryptocurrency, it is difficult for Bitcoin to demonstrate an impressive increase in its price. 

The second factor is that bank discount rates (refinancing rates) around the world were very low (near zero values). 

The price of Bitcoin, denominated in the US dollar, was growing in a "weak US dollar" environment.  However, now the situation has changed.  The US Federal Reserve is raising interest rates, and even when this process stops, interest rates will not return to their previous zero values. 

Therefore, based on this, in the next two years, the price of Bitcoin will not show dizzying growth.

[Yuray Borushko]

I think it's definitely possible for a bull run to happen in the next couple of years. I mean, as more people and companies start using Bitcoin and recognizing its limited supply, it's natural that the demand for the cryptocurrency will increase.

However, considering the current inflation and the state of the global economy, it's hard to say for sure if this will lead to a sustained bull run. Always keeping an eye on the market trends and economic factors to make an informed decision.

But, as you mentioned, it's important to remember that Bitcoin is a very volatile asset, so it's always a good idea to be cautious with investments.

[GeorgeJohn]

Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?

From my understanding I believe that what triggers Bitcoin acceleration is due to the demand in the market and supply that always come on it, i believe that Bitcoin rise anytime it want to rise, so I believe that with the long I have known Bitcoin regulations and rotation it's something that have constantly have anyone to be depend on, so the bullish comes as results of it demand in the market and also as results of companies who embrace Bitcoin or a country giving a positive news of Bitcoin, because if a respected country give a positive information of Bitcoin it trigger the market been bump, while if the information is negative of Bitcoin, many people will start to withdraw themselves for investing more in Bitcoin and that is one of the things that causes it's down fall in the market, so nobody can actually predict accurate the year bullish market will manifest, all those predictions we come across is basically on assumptions.

[Helena Yu]

Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?

Current global economy is fine, Federal Reserve doesn't raise the interest rate anymore. Inflation has been a long time problem and it can't be solved.

Bitcoin supercycle will happen regardless bad global economy or inflation, I think it will not happen if the problem is really crucial like world war III, genocide, global virus etc. At that time people will consider food, water, weapon, house and medicine are more important than Bitcoin or investment commodities.

[AnonBitCoiner]

Bull and bearish period occurs in a cycle and as you asked about the Bull period in next two years so I will say that in next year there will occurs a halving and for that lots of people have purchased bitcoin. Bitcoin prices going up when more and more people buy it and become down when the demand reduces and I think that during next Bull run everyone will be in desire to sell their bitcoin to get benefit so more people will sell bitcoin and bitcoin will reduces in worth.

The demand has a strong effect on the price Fluctuations although the market is not predictable but as we have experience from multiple years so we can estimate the coming conditions. I think that for next couple of years the existence of Bull period is not possible because of expected demands for it, occurrence of halving and bearish and Bull cyclic existence.

[tabas]

@OP that's inevitable and very likely. There are a lot of factors that are being seen that are affecting bitcoin's price and if you're saying that the bull run is going to come within the next few years, yes, definitely. Getting the idea from the past years where it all started, the pandemic.
Followed by a war and then now the result of those events into higher inflation rates. But look at bitcoin, despite that it had came from a dramatic decrease after it has reached the peak and ATH, it's still standing strong. While everyone is aware of its cycle and we're done from the likely bear market that has to happen for the next ATH to get in, it's very possible that these cycles and patterns will come again.

[bluebit25]

Hey OP, We all see Bitcoin as a volatile asset, but this also depends on the circumstances of the market and the factors of each person owning this asset. It is important to evaluate various factors and manage risk to ensure the safety of your investment decisions. And predicting the price of Bitcoin is a complicated matter and cannot be guaranteed because it depends on many different factors. While the increasing use of Bitcoin by users and companies may increase demand for it, there is no guarantee that the price will increase as a result. The term inflation is usually applied to currencies, not assets like Bitcoin. The cause of inflation is usually related to an increase in the price of a good or service, whereas the value of Bitcoin depends on market conditions and user demand.

[ethereumhunter]

The bull run will continue for the next few years, maybe until the supply runs out, while the demand for crypto will increase as people see crypto's value. They will choose crypto as a means of saving their money while still using other assets to survive inflation and they can continue to sell their assets to have money. And that's possible because people want to save themselves from inflation and be able to stay afloat. And even though crypto assets fluctuate, that doesn't stop them from investing in crypto.

[Oceat]

Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?

Why are you hesitant about it? Don't you know that there is a cycle of bull market after the halving occur of Bitcoin? The halving will be the trigger point to make the market pump when the whales and institutional investors started investing to Bitcoin that means there will be a FOMO that would push the price higher.

Btw, I don't see any relevance of the inflation of the world vs the Bitcoin market since it's a different currency and to be exact it's a crypto currency that has nothing to do with the economy all around the world.

[ivankoh]

I would argue that bitcoin's cycle is similar to the economic cycle - drop, recovery, and boom.  All the conditions and effects that create volatility that have the potential to affect the economy will be affected by this cycle.  Bitcoin is entering a recovery phase, maybe 2024 – 2025 will be a boom phase as it moves into a cyclical consolidation phase(Supercycle).  The growing demand for bitcoin by its vital nature shows even during the downturn of the banking economy.  Therefore, I think it is only a matter of time before the widespread adoption of bitcoin in a niche for many countries to use in the future.

[sana54210]

Bull and bearish period occurs in a cycle and as you asked about the Bull period in next two years so I will say that in next year there will occurs a halving and for that lots of people have purchased bitcoin. Bitcoin prices going up when more and more people buy it and become down when the demand reduces and I think that during next Bull run everyone will be in desire to sell their bitcoin to get benefit so more people will sell bitcoin and bitcoin will reduces in worth.

The demand has a strong effect on the price Fluctuations although the market is not predictable but as we have experience from multiple years so we can estimate the coming conditions. I think that for next couple of years the existence of Bull period is not possible because of expected demands for it, occurrence of halving and bearish and Bull cyclic existence.

I think halving and a year after that is the most active period. Normally not that many people actually see that as a benefit and I feel like they will miss out on that. Even if it doesn't go up right away, it will definitely end up going higher either quickly or eventually. So, we should be a lot more careful during that period, what happens until the halving could be a bit volatile, we could see it grow even higher, we could see it drop, and anything in the middle is all acceptable.

However, when it comes to something after the halving? We should be very careful about that because it could be incredibly dangerous if we are not careful, I personally started to accumulate as much as I can, and I will continue to do so.

[slapper]

The Bitcoin price surge? It's like being on a wild roller coaster! Boom! There has been an increase in participants. The amount of orders skyrockets. There is much more at play than simple supply and demand.

But hold on, let's take in the whole image. Bitcoin alters our perspectives on entertainment, monetary theory, and the financial markets. This is a direct challenge to the status quo. It's a way to deal with money that doesn't involve banks. Believe me, politics is at the heart of this.

Risks? Sure. Bitcoin is a roller coaster that is equal parts thrilling and terrifying. Problems with inflation and the economy? Concern is natural. Let's just go headfirst into the chaos! Jump on the roller coaster of your life. Join me in anticipating further gains in bitcoin's value.

[woez]

Yes and I think it's very possible to have a Bitcoin supercycle in the next few years. As more people and companies adopt Bitcoin, it is likely that the demand for Bitcoin will increase, driving up its price and Inflation and global economic factors could also have an impact on its price. If the current trend of increasing adoption continues, there is a good chance of a continued increase in the future due to the limited Supply of Bitcoins in their scarcity value.

[FUCKBSVFUCK]

There is a reason it can be considered a "supercycle" and a "superforsaken investment". The whole crypto market is the same for everyone, and the more the value goes up, the more people invest and the more they see the possibility of their money making moves.

[coolcoinz]

I've seen a couple of interesting takes on the matter from people involved in traditional finance and the essence was that these changes come like an avalanche. You see the heavy snow gathering for days and then it starts going down and everything is over in 1 minute, so yes we can go into a supercycle and the best part in all of it is that when we do, nobody is going to expect it. We'll reach an all time high, get a small correction, like 30% from the top, and people will start exiting like it's time for another bear market, 2 years of crashes ahead, let's sell, but a month later we'll have another ATH, then another one because when exchanges start running out of bitcoin every 1000 BTC purchase will mean an all time high.
I'm not sure if you've noticed but currently if you were able to dump 1% of all mined bitcoins on spot exchanges you'd crash the price by at least 20%. This can also happen in reverse.