This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin - up to $3600 worth. PHEMEX is also celebrating their two year anniversary by sharing 2 BTC with 10 lucky winners to help them realize their dreams: https://anniversary.phemex.com/#dream-sectionRoughly 4 years ago today, Bitcoin hit a cycle top at almost 20K to finish off one of the most epic bull markets in the history of all assets. Since then, Bitcoin has continued to outlive the doubters and nonbelievers. 2017 reinforced the idea that Bitcoin’s price would continue to revolve around 4-year cycles with micro bear and bull markets in between. The thesis is widely supported and backed by data from the halvings, but we have very little history to look at to form definite conclusions. Bitcoin has only been around for slightly over a decade.That said, history does not necessarily repeat itself, and Bitcoin is a different asset than it was 4 years ago.Bitcoin still experiences bear and bull markets, but each cycle seems likely to be longer than the last. As we continue into the next phase, we are often left with more questions than answers. Is a supercycle likely? Will the next bear market be longer as a result? Is the notion of increasingly long cycles actually correct? How will the halving play into Bitcoin’s long-term price appreciation?The real answer is that it doesn't matter. Regardless of what happens, if you zoom out and hold for the long term, the cycles are nearly irrelevant. Ask me in 30 years what happened to Bitcoin in 2022, and I probably won't remember the specifics.The only thing we know for sure is that... we do not know. Time in the market beats timing the market, because we will inevitably be caught off guard but what comes next.THERE WILL BE NO LIVESTREAMS THIS WEEK, INCLUDING CHARTAPALOOZA ON WEDNESDAY.In This Issue:4 Years Ago TodayBitcoin Thoughts And AnalysisAltcoin ChartsBe Careful Buying Token LaunchesThe Adidas NFT Drop Was A Huge SuccessGrim Finance Hacked For $30MMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO
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The Wolf Den #395 - 4 Years Ago Today
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This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin - up to $3600 worth. PHEMEX is also celebrating their two year anniversary by sharing 2 BTC with 10 lucky winners to help them realize their dreams: https://anniversary.phemex.com/#dream-sectionRoughly 4 years ago today, Bitcoin hit a cycle top at almost 20K to finish off one of the most epic bull markets in the history of all assets. Since then, Bitcoin has continued to outlive the doubters and nonbelievers. 2017 reinforced the idea that Bitcoin’s price would continue to revolve around 4-year cycles with micro bear and bull markets in between. The thesis is widely supported and backed by data from the halvings, but we have very little history to look at to form definite conclusions. Bitcoin has only been around for slightly over a decade.That said, history does not necessarily repeat itself, and Bitcoin is a different asset than it was 4 years ago.Bitcoin still experiences bear and bull markets, but each cycle seems likely to be longer than the last. As we continue into the next phase, we are often left with more questions than answers. Is a supercycle likely? Will the next bear market be longer as a result? Is the notion of increasingly long cycles actually correct? How will the halving play into Bitcoin’s long-term price appreciation?The real answer is that it doesn't matter. Regardless of what happens, if you zoom out and hold for the long term, the cycles are nearly irrelevant. Ask me in 30 years what happened to Bitcoin in 2022, and I probably won't remember the specifics.The only thing we know for sure is that... we do not know. Time in the market beats timing the market, because we will inevitably be caught off guard but what comes next.THERE WILL BE NO LIVESTREAMS THIS WEEK, INCLUDING CHARTAPALOOZA ON WEDNESDAY.In This Issue:4 Years Ago TodayBitcoin Thoughts And AnalysisAltcoin ChartsBe Careful Buying Token LaunchesThe Adidas NFT Drop Was A Huge SuccessGrim Finance Hacked For $30MMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO