Those 4 years cycle was already broken. The current price movement is already doesn’t follow that cycle imho.
Will see, because if bitcoin drop $100k, i think the panic will start... but...
There’s a big difference on crypto regulation between now and the past, we already have institutional traders and governments that invest on Bitcoin that gives us assurance that the price will not collapse the way in the past.
There’s still chance for a dip below 90K but not way lower like the previous ATH at 60K+.
I believe this is the major reason that could save the market from another long bear run. In the past cycles, every bull run was always followed by a long bear market, but this time it doesn’t seem to be happening since Bitcoin keeps getting stronger. Should we be thanking the institutional investors for that?
If the market is already stable, there’s a chance the price won’t increase as wildly as it did before the ETFs came in, so maybe we’re looking at a different kind of cycle now. Hopefully though, it won’t turn into a boring one.