It looks like Bitcoin chart will repeat again due to the Stock-to-Flow model.
The demands of buying or investing BTC have been increasing due to inflation. Dollar value has been decreased during the last 120 years. BTC could be one of the alternative investment assets. As well as, the supply of BTC has been decreasing due to halvings of mining.
So, when it comes to cycles, it looks like BTC chart repeats again and again. Do you think it's just coincidence? I don't think so. I think it's related to the Stock-to-Flow model.
Anyways, it looks like we're in the recovery market. We have 9 months left until the next BTC halving. In the recovery market, BTC has not been recovered much. Patience is needed for long-term investors.
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i wish hit All time high again, , look like top 69000 was Painted
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