Quote from: Kemarit on Today at 02:18:16 AM

Quote from: pixie85 on April 28, 2020, 10:06:04 PM

I hope this next cycle will look similar to the two previous ones but it can also be completely different. It can take much longer or end with the price only barely touching the last ATH and not going farther because the 20 thousand price could have been extremely overbought at its time.

We don't know what the future will bring because there were no fake money printed to buy BTC like USDt in 2013 so the market has evolved drastically.

Yep, but I think this year's halving and it's subsequent effect and getting to a new all time high will take some time. So we might see some lengthening cycles and the so called "4 year cycle" might not follow after the halving next month. Although there might be some members that thinks or believe in this cycle, I think this might not hold true this time in my opinion, total bitcoin landscape has change. Of course, $20,000 that time was the peaked, lots of irrational buyers but obviously we are already in the bubble phase.

True, with all the problems causing the world economy to slow down, specially this pandemic, chances of bitcoin's price be affected as well is high. Just like Kemarit said, we're at bubble phase and this time next month or a few months based on the cycle then we'll see mild to moderate changes.