For years, cryptographic investors have turned to the four -year cycle, anchored around Bitcoin division events, as a sort of sacred roadmap. The theory goes: every four years, the supply of Bitcoin is half reduced, triggering a bullish frenzy, followed by a euphoric peck, a brutal accident, then a slow recovery. Rinse, repeat.
But what happens if this model begins to break? This is what onchain’s analyst, James Check, suggests.
In an interview with Cointtelegraph, Check said that well-arranged executives that formerly defined Bitcoin market behavior are no longer as useful in the macro-axé environment on macro-influencated by the institution.
Rather than labeling the current market as “bull” or “bear”, check a more nuanced image. Bitcoin, he maintains, is now more motivated by macroeconomic conditions and investor psychology than by predictable cycles or half dates. As such, the lines between bulls and bear become blurred.
“The world does not work on four-year cycles,” he says. “You can imagine a title tomorrow where all these prices are withdrawn […] And the markets are starting to move. I can just as easily build a case where the following title could send all risk assets in a fairly unpleasant decline. »»
The check also breaks down why the range of $ 70,000 to $ 75,000 is an area of trust so critical for the Bitcoin market – and how the thought in terms of scenarios Rather than predictions is the key to the long -term success of an investor.
Discover the full interview on the YouTube channel of Cointelelelegraph, and don’t forget to subscribe!
For years, crypto investors have turned to four -year cycle– Anchored around the events of half of Bitcoin – like a kind of sacred roadmap. The theory goes: every four years, the supply of Bitcoin is half reduced, triggering a bullish frenzy, followed by a euphoric peck, a brutal accident, then a slow recovery. Rinse, repeat.
But what happens if this model begins to break?
This is exactly what James Check’s first chain analyst suggests in our last interview. In his opinion, well-arranged executives who formerly define the behavior of the Bitcoin market are no longer as useful in a macro-axé environment on today’s macro-axé.
Rather than labeling the current market as “bull” or “bear”, James portrays a more nuanced image. Bitcoin, he maintains, is now more motivated by macroeconomic conditions and investor psychology than by predictable cycles or half dates. And in this world, the lines between bulls and bear become blurred.
“The world does not work on four-year cycles,” he says. “You can imagine a title tomorrow where all these prices are withdrawn […] And the markets are starting to move. I can just as easily build a case where the following title could send all risk assets in a fairly unpleasant decline. »»
The check also breaks down why the range of $ 70,000 to $ 75,000 is a critical zone of trust for the Bitcoin market – and how to think in terms of scenarios Rather than predictions is the key to the long -term success of an investor.
Discover the full interview on our YouTube channel and don’t forget to subscribe!
