Quote from: RealMalatesta on July 12, 2021, 05:55:59 PM

Quote from: ven7net on July 12, 2021, 09:47:37 AM

Since I believe that the crypto market has a cyclical nature and each cycle is equal to four years, and also at the end of each cycle there is always an increase in prices for cryptocurrencies, I can assume that closer to the end of this 2021, somewhere in October - November, we we can see another round of growth in the price of cryptocurrencies. Also, some analysts call the current cycle a super cycle and that there should be two rounds of growth in 2021. We have already seen one, so there remains one more. Unfortunately, summer is likely to be just flat and it is unlikely that we will see a normal price movement. Also, at the end of summer, we may see another fall, and after, as I wrote above, the crypto market is waiting for another flight to the moon.

That is something I do not agree with, I do not think that there is a pattern in the crypto world. For example if you believe that it is "4 years" then it can be easily disputed, just to prove it the price of bitcoin went up a whole lot in 2014 to 1400 dollars (it was around 100-200 dollars) and then went lower, then in 2017 it became 20k, that is 3 years and not 4 years. Then in 2020 it started to go up and it reached above the previous 20k and went to 30k dollars before 2020 ended, that is still 3 years.

So that means it is not cycle of 4 years, it is 3 years if you really believe that type of thing. I do not believe that, I think it doesn't have a pattern, it is just at certain times bitcoin has some hyped up periods where everyone gets really crazy about it and it could be either 1 year or 5 year but it does happen, it is not really a pattern.

You are right about the fact that there is no 4 year cycle, even maybe not a 3 year cycle who knows? So far it looked like there is one but maaaybe in 2023 or so we may not see an increase and that will be thorn apart (so far there is one in every 3 years so we can't disprove it honestly). However what I believe is that there are patterns in crypto for sure, not patterns in yearly cycles but patterns about how it goes up and down constantly the same way. I believe that we go up beyond the previous ATH and then stay above the previous ATH and that is the pattern, or whenever Bollinger band does something there are 3 possible outcomes, or when MACD does that then this happens etc etc.

This is why I do not think that there is anything specific, but there is definitely something that could be changed so we can't call them all patterns or we can't call them not patterns, because patterns are things that happen once in a while and sometimes they do until they don't and when they don't happen they are broken so until they are broken they are called patterns, so they are Schrodinger's pattern at that point.