Last Cycle is Bitcoin.

Last Cycle is Bitcoin.

Most of you are unprepared for the implications of the Bitcoin market's unusual behavior this cycle.

If you're knowledgeable about the cryptocurrency market, you'll know that there are usually cycles that last for four years. About six months following Bitcoin's halving, the cryptocurrency skyrockets to new all-time highs, sweeping the altcoin market with it.

While Bitcoin's past isn't always indicative of its future, there are some recurring patterns. Still, keep in mind that Bitcoin is notoriously unpredictable and loves to take a stand against the grain. Every time everyone feels they have a good grasp on Bitcoin's next move, it pulls a U-turn. Trading with leverage against Bitcoin is a complete waste of time for that same reason. If you start trading with the conviction that you know Bitcoin's future without a doubt, you will quickly lose control of your Bitcoin holdings.

The fact is that right now is a watershed moment in Bitcoin's evolution. Because the debut of the US Spot Bitcoin ETFs generated such enormous interest and demand. Before the BTC halving, Bitcoin's price reached an all-time record high for the first time in history. Soaring all the way up to $73k.

Once it happened, it signified that everything was conceivable.

We have never seen a bull market in which Wall Street was let to fully participate. From that point on, every future price projection and everything we thought we knew might be chucked out. Anything is possible now.

If you follow US politics, you will also likely know that Donald Trump has done a complete flip on his attitude on Bitcoin. Even going so far as to imply that he would create a US National Bitcoin reserve if elected president. An occurrence that would trigger an unthinkable amount of buying pressure and game theory that could propel the price of Bitcoin into the millions of dollars per coin. If that happens, none of us are bullish enough. Of course that would require Trump to get elected and also to follow through on his pledges. Two things that aren’t guaranteed.

However, there is one component of the crypto sector that many people aren’t paying close enough attention to. In contrast, Bitcoin achieved an all-new record high and is presently hovering in a range near it. Almost all altcoins are severely down relative to the last cycle and against BTC.

Traditionally, altcoin prices would fluctuate like a magnet related to Bitcoin, even if there was no rationale or merit. But that all looks to be changing.

My belief is that the introduction of Bitcoin ETFs within the US has radically transformed the game.

While there is an unbelievable amount of money being invested into Bitcoin through these ETFs. The essential element is that they’re going just into the Bitcoin ETFs and not altcoins.

You should also recollect who has traditionally been the primary buyer of cryptocurrencies. Typically, retail consumers who are not well off financially prefer to wager in the hopes of winning and changing their financial fortunes. But the world around us has changed. We’ve experienced significant amounts of inflation that have really harmed average folks. The final result is that people are having a much harder time paying for the bare needs and have less spare money to participate in riskier markets like bitcoin.

What this all means is that altcoins aren’t guaranteed to do well this cycle, and that should never be your expectation.

This very well could be the cycle where the crypto market begins to develop and asset prices go up or down for real, actual merit. If all of this happened while Bitcoin is undergoing a supply shock due to the BTC halving, demand from ETFs, and then also political game theory.

Then this could all culminate in a stampede rush into Bitcoin, causing it to move parabolically. It might also mean disaster for altcoins that have no real use case. This cycle could end up being the last cycle where you can become rich from this market. Act accordingly.

How about you? Do you think that this will be the final crypto cycle?

That's a fascinating question. While it's not easy to forecast the future of bitcoin with confidence, it's doubtful that this will be the final cycle. Cryptocurrencies and blockchain technology are still changing, with new ideas, regulatory changes, and use cases appearing frequently. Each cycle provides new lessons, and the market continues to mature. It’s feasible that we might see more usage, especially in industries like decentralized finance (DeFi), non-fungible tokens (NFTs), and digital currencies issued by central banks (CBDCs). However, like any growing technology, there will be ups and downs. The future of crypto will undoubtedly involve increasing regulation and integration with regular financial institutions, but it seems premature to consider any cycle as the "final" one.