Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin Repeat History ?
by
Blawpaw
on 23/10/2022, 12:54:17 UTC
I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks Smiley Smiley

It's more than accepted that the Bitcoin price follows a 4-year cycle in which the prices breach through the previous highs and then the price finds a new All-Time High, This has been so since 2009. Unfortunately, it's also accepted that every cycle comes to an end and this may also be true when it comes to the Bitcoin price. Bitcoin has endured so much since its inception, however, regulation is now becoming an enormous hindrance and nobody knows how CBDCs will impact the cryptocurrency Industry once many countries follow through. Right now, it is all a big IF. I still feel we will still see new highs soon or in the worst case scenario, we may be in for a neverending downfall.