BitcoinLong
First Bitcoin Super Cycle closing
We might be nearing the end of the first Bitcoin Super Cycle. There will be lots of volatility and fear among the retails. But on-chain observation shows that big players are storing coins on unprecedented levels.
What the next Super Cycle will be, can't tell. More data is needed in its beginning.
But financial institutions needs a more predictable, more controllable and most of all fixed cap assets. I am not talking about Bitcoin only, but in general about crypto currencies. There are interesting PoW projects that resembles Bitcoin, but has added extras like privacy and smart contracts.
But when time comes, crypto prices will skyrocket and there will be no corrections and no bear markets until the transitional period ends. Most retails will sell cheap and re-enter with more than 90% loss in coins.
It is NOT a financial advice.
What the next Super Cycle will be, can't tell. More data is needed in its beginning.
But financial institutions needs a more predictable, more controllable and most of all fixed cap assets. I am not talking about Bitcoin only, but in general about crypto currencies. There are interesting PoW projects that resembles Bitcoin, but has added extras like privacy and smart contracts.
But when time comes, crypto prices will skyrocket and there will be no corrections and no bear markets until the transitional period ends. Most retails will sell cheap and re-enter with more than 90% loss in coins.
It is NOT a financial advice.
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