Michael on Nostr: Bitcoin has historically moved in four-year cycles. The first three years it ...
Bitcoin has historically moved in four-year cycles.
The first three years it outperforms Gold, Real Estate, Bonds, Equities, and Commodities.
In year four it underperforms all of those asset classes.
Seems like we may be 📈 the next 3 years.
Attached image I updated Bitcoin and Gold spot prices for 2023 YTD. I didn't update the other 6 in 2023...
Original source from Bitwise: https://static.bitwiseinvestments.com/Research/Bitwise-Crypto-Market-Quarterly-Review-Q3-2023.pdf
The first three years it outperforms Gold, Real Estate, Bonds, Equities, and Commodities.
In year four it underperforms all of those asset classes.
Seems like we may be 📈 the next 3 years.
Attached image I updated Bitcoin and Gold spot prices for 2023 YTD. I didn't update the other 6 in 2023...
Original source from Bitwise: https://static.bitwiseinvestments.com/Research/Bitwise-Crypto-Market-Quarterly-Review-Q3-2023.pdf