Bitcoin – Comparing Previous Market Cycles With The Bull Run of 2021

Bitcoin is booming. Just recently Elon Musk announced via a SEC filing that he put 10% of Tesla’s balance sheet into Bitcoin. However, every time there is a big drop people are scared that the end is near and that Bitcoin goes again down 80-90% like it…


This content originally appeared on Hacker Noon and was authored by Liquidary.com

Bitcoin is booming. Just recently Elon Musk announced via a SEC filing that he put 10% of Tesla’s balance sheet into Bitcoin. However, every time there is a big drop people are scared that the end is near and that Bitcoin goes again down 80-90% like it did in 2018.. or 2014… or 2013. You see where I am getting there – Bitcoin often does that. Hence, we have market cycles and this article will look over previous market cycles in Bitcoin and where Bitcoin stands today.

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This content originally appeared on Hacker Noon and was authored by Liquidary.com


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