The Bitcoin Cycle: A New Era of Global Adoption
We're currently in the fourth Bitcoin cycle, and it's different from the previous ones. This cycle resembles the 2011/14 cycle, where early adopters drove the market. Here's a breakdown of the cycles:
1. 2011/14 - Early Adopters Cycle: Only the most dedicated participants invested in Bitcoin.
2. 2014/18 - First Hype Cycle: Driven by FOMO (fear of missing out) and fueled by altcoins and ICOs, leading to a scam-filled altseason.
3. 2018/22 - Second Hype Cycle: Narrative plays dominated, with DeFi, GameFi, and memecoins leading the charge. However, it ended in devastating losses for retail investors.
4. 2022/26 - Global Adoption Cycle: Similar to the 2011/14 cycle, with a focus on mainstream adoption. Retail investors are skeptical due to past losses or perceived high prices.
This cycle is about global acceptance and maturation. It's time to focus on the fundamentals and long-term potential. The market is evolving, and it's essential to adapt and learn from past cycles.
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