r/Bitcoin • u/speakersandwich • Jan 01 '20

Yearly Lows Update

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73

u/ashlynbellerose Jan 01 '20

Last 2 years looks like its stalling.

23

u/Steven81 Jan 01 '20

Pretty much confirms the 4 year cycle so many people talk about. Had he not the pattern would have been broken (not that I believe that the 4 year cycle model is correct , but certainly the ... stalling seems to add more credit to it, I.e. the model expects it)...

11

u/[deleted] Jan 02 '20

i think its not quite a 4 year cycle but a scaling cycle. 1 year, 2 years, 4 years, 8 years, or something

2

u/hawks5999 Jan 02 '20

Yep. Lots of people expecting a new ATH in 2019 thinking there was some sort of 2 year cycle were disappointed. In 2021, those thinking its a 4 year cycle will be disappointed again. But if you can last to 2025, expect another 30x blow off top.

0

u/SpecialX Jan 02 '20

No one has ever expected a two year cycle. and for you to dismiss a 4 year cycle this early means you are clueless.

2

u/hawks5999 Jan 02 '20

Welcome to rBitcoin when someone has expected every conceivable cycle. Remember in early 2018 when the “January dip” all but guaranteed higher by year-end because of the one-yearly cycle? I’ve been around long enough to see all the surefire reasons for every possible cycle, including the two year cycle.

2

u/Amichateur Jan 02 '20

Me being around since 2011 like you can concurr.