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The Bitcoin 4-Year Cycle Strikes Again: This 2019 Hot Take on BTC At $3,800k Aged Like Milk

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by COINS NEWS 17 Views

The Bitcoin 4-Year Cycle Strikes Again: This 2019 Hot Take on BTC At $3,800k Aged Like Milk

Ah yes the good old garbage bitcoin cycle plot. Every someone pulls this or log plot with support lines I cringe. Bitcoin graduated from kindergarten and guess what it learned something important, over leveraged illiquid markets get crushed for bad behavior. Bitcoin will never break ATH again without some ACTUAL real world application to provide buy pressure stronger than mining sell pressure

Source: https://www.tradingview.com/chart/BTCUSD/UuzUBUTa-Bitcoin-4-Year-Cycle/

submitted by /u/kirtash93
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