• Gigan@lemmy.world
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    8 months ago

    Again, I’m not sure how much you know about bitcoin because the boom/bust cycles you’re talking about are reflections of the halving cycle, not dead cat bounces. The next halving is going to happen in April this year, and after that the price is going to go up even more. I’ve been through this before, I’m not worried about the despair phase but that’s not what’s coming next.

      • Gigan@lemmy.world
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        8 months ago

        That makes sense, since each halving reduces the supply by a smaller amount. But it will still have an upward pressure on the price.