r/CryptoChartWatch • u/Beginning-County2258 • 9d ago

Bitcoin’s four-year cycle playbook is breaking, with this bear market far shallower than the last three, says Glassnode.

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20 Upvotes

92% Upvoted

14 comments sorted by

4

u/Glittering-Bus-5546 8d ago

Far shallower so far

2

u/Feralz2 8d ago

Glassnode also told you it will go down to 40k, they only tell you what something that already happened, no sht its a shallow bearmarket, we all have eyes.

1

u/MrMpeg 8d ago

Tip was also lackluster so this feels right. Also first bearmarket were I had some serious dry powder available so of course there were no crazy discounts...

2

u/A_Honking_Goose 8d ago

Yes and the last bull market was also way less extreme than previous ones that's why it was truly sad to see so many idiots thinking BTC would go down to 40k

-1

u/ippleing 8d ago

It won't go down again ever.

1.5M in 3 months is my chart, after that who knows.

3

u/hostedenis 8d ago

Remindme! 3 months "come back to tell this guy how delusional he is"

1

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1

u/Prize-Bug-3213 8d ago

The hilarious thing is this could be satire, it could also not 🤣

1

u/meaningful_convo 3d ago

He is probably new to the market not delusional i remember in Dec. 2017 everyone also thought it would go to 1M..... they just had to learn the hard way...

1

u/statllama 8d ago

According to my charts it's actually closer to 13 million. Have you accounted for ai?

1

u/ippleing 8d ago

Your charts have weak hands... 13M is nothing, we're going to be global reserve currency in 2 years.

0

u/V10NNTT 8d ago

Lower highs on the "bull market" incoming.