Subverting your understanding of bull and bear markets
1. The bull is still here, and the big bull has not even started yet; the current market is more akin to the PLUS version of the small bull of 19 years, with a similar monetary policy background, all driven by BTC, and BTC.D continues to rise.
2. A bull market does not mean prices will always go up; during the last bull market, BTC experienced three significant drops in value: in 19 years, March 20, and May 19, 21 years; currently, BTC's maximum drop is only 32%.
3. The four-year bull-bear cycle has been broken; it could be five or six years, with the root cause being the extended monetary policy cycle.
1. The bull is still here, and the big bull has not even started yet; the current market is more akin to the PLUS version of the small bull of 19 years, with a similar monetary policy background, all driven by BTC, and BTC.D continues to rise.
2. A bull market does not mean prices will always go up; during the last bull market, BTC experienced three significant drops in value: in 19 years, March 20, and May 19, 21 years; currently, BTC's maximum drop is only 32%.
3. The four-year bull-bear cycle has been broken; it could be five or six years, with the root cause being the extended monetary policy cycle.
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