Why 4 though? How do we know it’ll repeat?
Comment on I will...
Mubelotix@jlai.lu 2 days agoYou actually can, because it behaves in 4 year cycles. Bitcoin ATH have been in August 2017, 2021 and 2025, and dips have been in December 2018, 2022 and 2026. This why people are selling right now, everyone knows this which makes it self-fulfilling
boonhet@sopuli.xyz 2 days ago
Knock_Knock_Lemmy_In@lemmy.world 2 days ago
That’s how often the block rewards halve, reducing the supply of new coins creating a predictable price increase.
PeriodicallyPedantic@lemmy.ca 2 days ago
You’re acting like you could predict this year based on 2 data points.
Mubelotix@jlai.lu 1 day ago
This is a text message. Look at charts if you want data. I agree it’s not a guarantee though