Title. BTC is one of the worlds top assets by market cap. If it repeats the cycle and hits another huge peak similar to past cycles, its market cap will just explode and doesn’t make sense to me. Can someone educate me on this? Why do people still think its cycle will repeat again just like the past? I think it most probably the subsequent peaks will just be very small
How can it be possible for BTC cycle to repeat
byu/Comfortable-Bit-126 inbtc
Posted by Comfortable-Bit-126
3 Comments
Fiat currencies are continually devaluing, what’s happening right now (and the painful economic fall-out) will only continue to accelerate that and purchasing power will diminish markedly. Many asset classes will grow as investors seek places to store and retain value, so you shouldn’t just comparative market caps today, but what they’ll be a decade from now.
There are only 21 million BTC. That’s it. It will explode. It should explode.
Each bull has been weaker than the last… There is only so much speculation people are willing to do on a useless “asset”