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]
Hey infofront - well done for taking the time to really dig deep.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]
Great post, great research and graphics too. Classy stuff.
I do enjoy the thread thinking for itself and challenging accepted dogma - the quality and variety of expertise here is as wide as the subjects covered in these pages; it's capable of applying independent thought to almost anything under the sun.... and far, far beyond it.
Long live the WO!
EDIT: for sense and stuff