I think it is understandable to judge the bulls and bears in terms of time cycles, but to judge Bitcoin according to the increase multiple is against the objective development laws of things.

During the last round of 6w9, many people said that the top was not reached. The reason was that the distance from the bull top in 2017 was only more than 3 times, which was far more than before. This is like a primary school student looking for numerical patterns, ignoring the essence behind the data, funds, and liquidity. .

Everything has a development cycle. When you were 12-13 years old, you grew ten centimeters a year. Does that mean you will be 3 meters tall after the age of 30? Obviously not.

Bitcoin's current size has passed its adolescence and is gradually growing and maturing. Future fluctuations will be more stable and the consensus will be stronger. $BTC