Post
Topic
Board Bitcoin Discussion
Re: We are nearly six months in and this is the flattest of the 4 cycles to date
by
fikrett
on 07/10/2024, 07:24:48 UTC
https://www.bitcoincyclescomparison.com/

Is it possible that the pattern of cycles no longer applies or is at the very least diminishing to a point where its effect is not significant?

It's really hard to compare on the previous cycle because of this one important factor,

a. we have reach new all time high pre-halving, March 2024 (2 months before the halving itself), at $73,000.

So that alone is a big factor to me, as we haven't seen this kind of pattern before. And that's why we might be in for a new pattern, it could be that a new all time high or the peak of this bull run might take a little longer.

A good point raised.
Only time will tell how this cycle will work out, however, as it was said, cycles become less volatile in nature, and there is a barrier to break for people - $100k and forward.