BTC Then and Now
What is in store for BTC and all Crypto markets after this crazy pump? Will it continue an upward climb, or jig-jag sideways, or see a significant drop before climbing higher?
Let's compare to the last market cycle in crypto, back in 2016 & 2017. 2017 was THE run up year. It went insane. Everyone is hoping for a 2017 repeat now in 2021. I have setup a comparison here to show the two cycles side by side, with the vertical halving-date in for reference and alignment. You can see the cycle bottoms on lower left, and though the pattern is different, BTC rises out of its ashes into the halving, and then rises violently again a number of months later.
Use this as a template to see what could happen next, and what the bigger picture is. There is no guarantee we do what the prior cycle did, but, if it does, this is a guide.
Let's compare to the last market cycle in crypto, back in 2016 & 2017. 2017 was THE run up year. It went insane. Everyone is hoping for a 2017 repeat now in 2021. I have setup a comparison here to show the two cycles side by side, with the vertical halving-date in for reference and alignment. You can see the cycle bottoms on lower left, and though the pattern is different, BTC rises out of its ashes into the halving, and then rises violently again a number of months later.
Use this as a template to see what could happen next, and what the bigger picture is. There is no guarantee we do what the prior cycle did, but, if it does, this is a guide.
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