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58110459 No.58110459 [Reply] [Original]

does any newfags here even know why BTC has cycles?
its cause the mining rewards halve so miners cno longer dump as much as they used to causing a price increase that occurs roughly 6 months after the halving
This recent increase is nothing but a test but btc cannot go above 80k atm due to miners

>> No.58110478

"due to miners"
HAHA holy shit you're deluded

>> No.58110500

>>58110478
nigger that is not an argument

>> No.58110879

in general i agree, but Tim Apple could tweet tomorrow that they are putting half their cash reserve into bitcoin and we get a 100k daily candle. anyone investing in bitcoin needs a minimum of a 4 year horizon

>> No.58110886

>>58110459
Yes, this rally will fail like all the others.