“You almost sound excited? Why is that?”
It’s cause we’re scared of seeing a ‘left-translated cycle’ — which is a crypto cycle that peaks earlier, and drops for longer.
So instead of seeing a slow climb in price over 3 years, then a drop over 1 year, we see a sharper rise over 2 years, and a prolonged 2 year decline.
(See header image ☝️).
“Who cares? A sharp rise over 2 years sounds awesome!”
That it does!
Only problem is — IF we’re in a left translated cycle — we’re already 1 year and 10 months into that 2 year rise (the party ends in April).
Now, here’s the good news:
A left-translated cycle is yet to be confirmed — and the market may just be growing faster, earlier, thanks to the billions of dollars worth of investment coming from the Bitcoin ETFs.
(Which wasn’t a factor in previous cycles).
And we’ll be honest…
Seeing BTC get quickly rejected from $64k (where previously it has been able to maintain and plateau after each pump) has given us hope that we’ve got a good year or more of paced out gains ahead of us.
And we’re holding on to that hope for dear life.
