‘Do you sound almost excited? Why is that?”
The reason for this is that we fear a ‘left-translated cycle’ – a crypto cycle that peaks earlier and falls longer.
So instead of a slow increase in price over a three-year period, and then a decline over a one-year period, we see a sharper increase over a two-year period, and a sustained decline over two years.
(See header image ☝️).
“Who cares? A sharp increase over two years sounds great!”
It does!
The only problem is – IF we are in a left translated cycle – we are already 1 year and 10 months into that 2 year increase (the party ends in April).
Here’s the good news:
A leftward cycle has yet to be confirmed – and the market may be growing faster, thanks to the billions of dollars in investments coming from Bitcoin ETFs.
(Which wasn’t a factor in previous cycles).
And we’ll be honest…
Seeing BTC quickly getting rejected from $64,000 (where it was previously able to maintain and plateau after each pump) has given us hope that we have a good year or more of rapid gains ahead of us.
And we hold on to that hope for a precious life.