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Pretty spot on with the continued sideways movement but 2025 was somewhat disappointing for BTC.
The main question now is, Is the 4 year cycle dead? I have a lot of thoughts on this below but the two main points I would make are
1) It depends (how you define the 4 year cycle) and
2) Does it really matter? Ultimately I think BTC will continue to average 20%+ gains Yoy and I have no intention to sell any time soon. So if it goes up and then down or down and then up ultimately I believe it will still outperform other assets.
Now as far as the 4 year cycle playing out I define it as having a >60% pull back from the cycle high. People say the majority of holders are bearish but my feed is still mostly full of bulls saying the 4 year cycle is dead and we are entering an extended cycle. Now this sounds great and there is evidence to support that. However my problem is most of these accounts weren’t calling for an elongated cycle last year but only after their initial thesis was off.
Last year I thought whales would try to front run the bull market. This didn’t play out for a number of reasons partly due to some erratic behavior and potentially fraudulent activity.
Regardless BTC IMO continues to be the best hedge against inflation which will continue to run hot.
Overall I think theres a fairly good (66%+) chance we get a new ATH this year and that there will also be a 60%+ correction. This correction could come first and then work its way to ATH but still loosely follow a 4 year cycle.
No one knows for sure and DCA typically beats out all the analysts. 🤷♂️
Chris Topher@RealCTopher
Well that was fun 🤑 but where do we go from here in 2025? Probably more of the same sideways/slightly down for a quarter or 2 with ATH around late Q2 early Q3. Cycle high? $160-240k with a $189,600 being the sweet spot.
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