Bitcoin cycle over?!?
I don’t think the Bitcoin cycle is over yet.
The reason is,
First, it’s still too early. The Bitcoin monetary policy Satoshi has set is roughly four years around half-life. I think the half-life effect is still alive, and I think the upside will continue until this fall.
Second, M2 is still increasing. China in particular is going through a recession and has no choice but to release a lot of money. As M2 increases, Bitcoin goes up with a time difference. It’s such a natural formula like 1+1=2.
The graph of the banana or hockey stick that always comes out at the end of the third bull market has not come out yet. I think the time comes when the shape of the MSTR stock chart comes out in Bitcoin from September to November last year and the lady next door also says she’s investing in Bitcoin.
If you’re pressed or not studying, you can’t afford to go out now, and if you think of Bitcoin as a retirement pension, it’s good to buy it cheaper when there’s a downturn, so you can steadily accumulate it with ignorance, and if you get a good opportunity, you can go all-in and leverage it then.
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