Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Inspired by Kurious' recent post, I'd like to post about some related things I've been thinking about:
It seems there are two schools of thought regarding the bubble cycle we've just begun.
There's a great debate, on this exact subject, between two of the best analysts on crypto twitter here: https://twitter.com/filbfilb/status/1078316170493734918
It seems that scenario 2 is the consensus among the majority of analysts (and previously myself) - that the next bubble will gain a lower percentage than previous bubbles, and it will take longer. Something like this:
However, there are reasons to believe that may not be the case:
[/SNIP]
It seems there are two schools of thought regarding the bubble cycle we've just begun.
- That it will be the same length as every other cycle, as dictated by the halvings. Bubble top: late 2021/early 2022
- Or, that the cycles have been lengthening, and therefore our current cycle will be the longest and hit the top later than in previous cycles. Bubble top: late 2022/early 2023
There's a great debate, on this exact subject, between two of the best analysts on crypto twitter here: https://twitter.com/filbfilb/status/1078316170493734918
It seems that scenario 2 is the consensus among the majority of analysts (and previously myself) - that the next bubble will gain a lower percentage than previous bubbles, and it will take longer. Something like this:
However, there are reasons to believe that may not be the case:
[/SNIP]
Whoa. You have to be luck to intercept deep thought posts in WO, where it get quickly devoured in memes and one liners. Im going to cross reference it in my monthly post to scan for good analysis..