This real?

    https://i.redd.it/oi0ghh2ktqhg1.jpeg

    Posted by partytime555

    16 Comments

    1. Clear_Hawk_6187 on

      There is some truth in this and there’s plenty of theories about “cycles”. Apparently we will be in decline until at least October according to some.

      Unfortunately, cycles rarely have same length and intensity.

      Try to extract data from exchanges or any other available sources and look on the price of top currencies, market capitalisation and chop it in ways you feel curious about. I would also recommend taking into account inflation of USD and “the debt” of unbacked stable coins like tether and USDc.

      That may help you to form your own opinion about mentioned cycles and probability of them repeating themselves.

    2. So does this imply the price is a scam. Its not actually based on supply and demand but a code that just ticks the price up or down in a pattern?

      Does anyone know how the price gets set in reality vs assumption?

    3. ElectroStaticSpeaker on

      The person who keeps posting this doesn’t understand what ATL (All Time Low) means because the all-time low is zero. I guess they are intending to mean new higher low?

    4. Street_Outside_7228 on

      NO, the new suPerCyCle is real, ignore history because paid TV influencer shill told you.

    5. PuzzleheadedOwl1957 on

      From what I gather, and correct me if I’m wrong, historically this isn’t that far off because in actuality:

      ATH 11/29/2013 to ATL 01/14/2015 is 411 days

      ATL 01/14/2015 to ATH 12/16/2017 is 1067 days

      ATH 12/16/2017 to ATL 12/15/2018 is 364 days

      ATL 12/15/2018 to ATH 11/08/2021 is 1059 days

      ATH 11/08/2021 to ATL 11/21/2022 is 378 days

      ATL 11/21/2022 to ATH 10/06/2025 is 1050 days

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