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Cryptoma🎩
@cryptoma
Hey @sassal.eth you recently said you don't believe in the cycle anymore as we seem to be moving too fast. I think a lot of metrics are actually right on time if you take the Apr 21 and not the Nov 21 as the real cycle top which you often agree with. Any thoughts?
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Sassal.eth 🎩⛽
@sassal.eth
The 4 year cycle is usually based on the price of BTC + timing around the halvening. The price of BTC has never been anywhere this close to its all time high *before* the halvening even occured. That's really the reason I believe the 4 year cycle is dead.
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Cryptoma🎩
@cryptoma
I hear you, what's interesting is that actually the previous technical ATH happened earlier than expected post 2020 halvening, with the cycle shifting already 3 years ago. If we look from previous ATH to next ATH, we are right on time. Cycles thesis still valid but shortening and less reliant on halvening
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