This bull market may be the longest one yet
Time is on our side...
Everyone who thinks bitcoin has already hit its peak or it has to happen within the next month or the cycles no longer apply may be in for a surprise.
The cycles appear to be lengthening to some degree.
While imperfect, these lines point towards that:
(Source: https://twitter.com/intocryptoverse/status/1466054196596297730/photo/1)
The peak may not happen until mid next year...
I've been saying that since the two year cycle didn't repeat in early 2020. The whole pandemic and never-ending crypto winter is messing up the cycles totally...
We can partially blame the bad management behind Ethereum that caused the gas fees to go up high as a lot of exchanges use ERC20 for their own tokens.
First Litecoin replaced Ethereum as secondary market and then Dogecoin replaced Litecoin... I'm already seeing people move to Tron blockchain as Binance Smart Chain is having major issues, so it's not good alternative for Ethereum anymore...