Okay, I try to fit the different forecasts out there.
-If BTC makes a new high in 2022, it could equate to the end of CYCLE I
-If after the halving of 2024 we see a new ATH, it could occur in 2025-2026
-between the maximum assumption of 2022 and the halving of 2024 should be the minimum of CYCLE II, then it would have a duration of less than 2 years.
in your opinion:
-the duration of CYCLE II could perfectly fit Elliot's Wave Theory and be followed by a CYCLE III (which would be mind-blowing)
Yes, that is correct.
A new CYCLE III bull market, if it does commence, may look like a perpetual market, as illustrated in the following post:
https://bitcointalk.org/index.php?topic=5300627.msg58211127#msg58211127Just to confirm, the "perpetual market" is essentially the "end of cycles" hypothesis that's currently making the rounds? Per EW theory cycles are inherent in the rhythms of man's life rather than something specific to bitcoin (or any other asset for that matter). It's only from being "man-made" and subject to man's whims that bitcoin inherits cycle behavior so how do we reconcile the end of cycles despite still existing within the realm of man's behavior?