Post
Topic
Board Altcoin Discussion
Re: Altcoins Bleed More Than 2014 Correction: Is The Reversal Coming?
by
dragonvslinux
on 20/09/2018, 10:32:30 UTC
Its just a cycle what we see every 4 year. You guys better get used to it.
Lol I don't think you can talk about 4 years cycles when it comes to altcoins, it is too immature of a market to have established cycles at the moment. Cycles on the Bitcoin market are more relevant.


PS: please folks stop quoting the whole original post, it is useless and makes the thread difficult to read. Thanks.

True story. Bitcoin hasn't even established a distinguished cycle yet, there has been one 18 month bear market, apart from the current bear market, nothing else has significantly has happened. FYI market "cycles" are based on patterns, patterns are based on predictable outcomes, such as things repeating 3 times or more. Twice is a coincidence, three is a pattern.
Altcoin cycles will only exist once BTC dominance finds some balance, probably somewhere between 30-80% looking at support and resistance levels.