Do you think that it is just a coincidence?
Do you think that it is just a coincidence? I don't think so. It's impossible to last the prices increasing for more than 10 years with a coincidence.
ATLs have increased around every 4 years. It's related to the BTC halvings. BTC halvings triggered the low liquidity of BTC on exchanges. Over time, people in globe have been getting interested in BTC, which means the demeand of BTC has increased.
Take into account that the supply of BTC has been decreasing, and the demand of BTC has been increasing. What do you think what will it happen after a few years? Isn't it a rational deduction?
I believe the next bitcoin halving will play a huge role for the next bull run, the lesser the number of btc in circulation, the higher the demand which will simultaneously increases the value.
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Well it may not be coincidence of course. I have used to see such pictures while traiding. I have been doing this for a couple of years and have seen many surprises if we talk about prices of bitcoin or any other cryptocurrency. I believe that the voilatile nature of crypto is the main difficulty, especially for newbies, on their way to become successful traders and buy or sell crypto at a good price. I believe that this is why many new people opt to use some robots https://altcoinlog.com/top-10-robotov-cryptotrader/ in order to have better possibilites to predict the price. Many newcommers just lack some analytic skills, while i can say even now after a couple of years on the market i can be sometimes impressed and confused by the price. So i guess it is ok