Quote from: LUCKMCFLY on May 02, 2022, 05:19:01 AM

Volatility is something normal that BTC will always experience, if we start to see the market has many phases, which is accumulation and distribution, if we go to Wyckoff's theory, this is fulfilled, and taking into account the mobility of BTC from 2014 to 2017 the accumulation stage occurred and then the bullish trend stage occurred and then the Distribution, then the bearish trend and later the accumulation stage occurred again, I think that the volatility that It does all this in a period no longer than 3-4 years, which indicates that for the purposes of a pattern every 4 years normal upward movements can occur.

I highly doubt that we would have it in 4 years again, the increase started in 2020 but the real one happened in 2021, which means that by 4 year rule it should be either 24 or 25 when the price goes up too much and the volatility goes insane. I doubt that it would be that late, by the end of this year or next year we are going to see huge movements as well.

This time around we didn't dropped as much as 2018 neither, that was like 80%+ drop and some even went down 90%+ as well, I doubt that we will go down that much this time around, it is not even 50% drop on bitcoin right now, so it will not be exactly the same thing, it will be a bit different for sure.