Post
Topic
Board Speculation
Re: The Next Bull Run
by
WinslowIII
on 29/05/2019, 16:48:42 UTC
Of course, we will not see a parabolic rise yet like before since people now are smarter and more matured

It's not because people are "smarter and more mature." We will definitely see another parabolic rise eventually, it's just too soon. It's only been a few months since the bottom of the bear market.

At this point in 2015, we were still more than a year away from the parabolic phase of the bull market. The same is probably true now. The chart probably won't go vertical again until we make a new ATH at $20K. My guess is, that'll happen some months after the halving next year.

When going by propertion to ath with the 4 year cycles, we are right now about $500 in May 2015 - a bit under half of the previous ath. This is quite a bit higher than it was in May 2015, so I expect the run up over the next couple years to be more gradual and steady, with a less dramatic crash following the next ath. We may drop back into the $6ks over the summer and finish the year around $10k, this scenario would be pretty similar to how 2015 went.