https://charts.bitbo.io/yearly-candles/This information is not new, everyone knows these numbers. But when you put these numbers together properly, it's so nice to see them and some thoughts arise just from the
form this information is presented.....
1) 2026 will become a full bear - comparable with the three previous (2014, 2018, 2022) - only if some trigger event (for example the stock market crash) will emerge in 2026. 2014, 2018 and 2022 the triggers were Mt Gox, ICOs and Terra Luna failures respectively.
In spite of the fact that BTC was (and is) strongly overvalued relative its fundamentals (reputation, acceptance rate), this overvaluation alone will not able to produce the full bear in 2026. "The market can stay irrational longer than you can stay solvent" (Keynes).
2) BTC yearly candles inspire creating even the more bigger picture -
the chart of BTC dozen years candles. If we look at this BTC dozen years candles chart where the first candle 2009-2020 is looooooong (BTC price increases from $0.001 to $50k) and the second 2021-2026 is so short that it is not visible, and remember that the BTC second dozen years is already in the middle.... one thing becomes clear - BTC is not able to go ahead as the only bird in the world. Bitcoin has always supported the creation and development of crypto market as a whole, now is arrived the time when altcoins have to start supporting Bitcoin to achieve newer milestones.
There will be
many "Bitcoins" (at least trillion dollar market cap crypto assets) in the third dozen crypto years (2033-2044) or there will be
none.
3) The amazing phenomenon of 2012. 2012 was a wet dream of conservative investors - extremely low volatility slightly and steadily rising prices already in the fourth crypto year. What a sharp contrast with all its neighbours !
