Bitcoin to enter the enlightenment phase?
Based on the halving cycles, bitcoin is about to enter the next phase
Bitcoin has traded somewhat predictably based on how far away it is from its last halving and how close it is to its next halving.
There is a hype phase following the halving, which is then followed by disillusionment and finally followed by enlightenment before the hype phase stars all over again.
We are here:
(Source: https://twitter.com/BitcoinPierre/status/1610021900712923137/photo/1)
Based on past cycles we are about to enter the enlightenment phase and prices will stop going down, start going sideways, before eventually moving up again.
Upvoted! Thank you for supporting witness @jswit.
Looking good!
That would be nice but I haven't checked to see how much of everything Alemeda still has and also the premise that the supposed Mt. Gox funds are going to be one the loose. Timeline wise though seems like a good time to start building up the BTC position at the very least.
That's good to hear and know