Er Bitcoin Price "Double Bubble" Imminent?

By Bitcoin Tímarit - fyrir 2 árum - Lestrartími: 2 mínútur

Er Bitcoin Price "Double Bubble" Imminent?

Með bitcoin price hovering near $50,000, it appears a 2013-style "double bubble" is in the cards.

Hér að neðan er úr nýlegri útgáfu af Deep Dive, Bitcoin Tímaritfréttabréf úrvalsmarkaða. Að vera meðal þeirra fyrstu til að fá þessa innsýn og aðra keðju bitcoin markaðsgreining beint í pósthólfið þitt, gerast áskrifandi núna.

Með verð á bitcoin hovering near $50,000, momentum has returned to the market and strong hands have accumulated more bitcoin en nokkru sinni fyrr. A 2013-style double bubble is in the cards.

The 2013 cycle saw the price of bitcoin draw down 75% from the highs before rallying a staggering 1,750% in less than six months. We aren't suggesting that the rally will occur again with the same performance, but rather an explosive “double bubble” within the traditional four-year boom-and-bust cycle.

The market has gone through quite a similar cycle compared to 2013 as well, with an initial parabolic run up, a large amount of coins becoming liquid before an aggressive reaccumulation and parabolic run up.

Bitcoin: Illiquid Supply Change 2013 

If bitcoin continues to transfer to strong hands at the current pace, a parabolic run-up will commence that most in the world cannot fathom. Bitcoin, at nearly a $1 trillion asset today, can elevate to a $5 trillion asset in 2022 with relative ease.

After all, $1 of capital that flows into bitcoin adds far more than just $1 of market cap to the asset, and during a bull market when most market participants are holding, the market value to realized value of bitcoin explodes upwards. If 1% of capital flows out of global debt funds into bitcoin as a safe haven, as the global economy experiences massive supply chain disruptions causing rising prices across the board.

Upprunaleg uppspretta: Bitcoin Tímarit