Why exactly is this BTC cycle different ?
Why exactly is this BTC cycle different ?
I’m new to crypto and while I’ve learned what the cycles are I cannot exactly see why would people consider this cycle different ? Do you agree/disagree with this take? Give your reasons for your take 🙂
Sashitha ilepperuma Answered question September 2, 2024
The simple answer is because MARKETS are all cyclical, and as much as we try to pretend crypto is different, it really isn’t. It’s still driven by human beings.
If you look at the stock market, it cycles through bull and bear cycles. Both must happen naturally to find some certain balance, but the numbers over time always goes up. It’s just the way it is.
Sashitha ilepperuma Answered question September 2, 2024
People have said “this cycle is different” for every cycle i’ve been apart of; this being my third.
Reshantha De silva Answered question September 2, 2024