Altcoins: Expert Warns Investors 2023 To Mirror 2018 Boom-Bust Cycle
Altcoins, the alternative cryptocurrencies that emerged as counterparts to the dominant Bitcoin, have always held an air of excitement and uncertainty within the volatile world of digital assets. In the ever-evolving landscape of the crypto market, where trends can rise and crumble in the blink of an eye, a notable crypto analyst, Benjamin Cowen, offers […]
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Bitcoin (BTC) has survived multiple bull and bear market cycles since it began trading, and each time the market collapsed, a new rally eventually followed. That recurring four-year cyclical pattern has given many investors deep confidence that history will repeat itself. However, after studying the same past cycle patterns, market expert CryptoCon has reached a different conclusion. He has highlighted two possibilities, suggesting that the four-year cycle theory may either be playing out behind the scenes or that this market could be a failed cycle. How This Bitcoin Bear Market Compares....
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Bitcoin’s famous four-year halving rhythm is giving way to a shorter, ETF-driven performance clock, argues ProCap Chief Investment Officer (CIO) Jeff Park in a new Substack essay. In his view, the dominant force in Bitcoin’s boom-bust dynamics is shifting “from mining economics to fund-manager economics,” with a new “two-year cycle” anchored in ETF flows and institutional return hurdles. Park starts by declaring that the traditional pattern built around halvings belongs to “the old Bitcoin.” Historically, programmed supply cuts compressed miner margins, pushed weaker operators out and....