I'm going for two scenarios: Bitcoin will either go through the same cycle it went in 2016 & 2012 or this time would be different.
I believe there might be a difference due to the wave of new investors. We've got +1M addresses still holding their coins... so when the next cycle comes, these address might become active. If they do, it'll probably be a huge selloff from those who invested @20k.
On the other side, it could go through the past cycles which means a parabolic price increase followed by a bear market for a long term.. I'm ready for both scenarios anyway. I'll just accumulate alts & BTC and be ready to ride the next cycle the right way.
