THOSE PATTERNS FORMING

Bitcoin still seems to be beholding to the 4 years circle, if that is true then the price of Bitcoin is likely to go many years this year. So far, we have been very obvious in seeing those patterns forming. Bitcoin goes through a circle where we see 3 green years even though the first time, we technically have 4 green years before the red year. The first candle which is marking the market bottom and the start of recovery comes after the red candle. The second candle is when we have the Bitcoin halve which was in 2016 and 2020. The third candle is the mania phase of the market circle, this is when we tend to see a lot of price markups happening. The fourth candle is always the big red candle which marks the bear market phases.

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We had it in 2014, 2018, and 2022 which was the hangover period. We had a big blow up and everybody was excited until things change. During the red candle year, losses are between 70% to 80%. The price of Bitcoin fell by 68% in 2022 which means the 2023 candle will be green. This year is a potential start of a new market circle. Although the past doesn't dictate the future these years represent the maximum financial opportunity. Investing in Bitcoin in any of these years gives massive returns in two years on its way toward a new all-time high price.

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There are a lot of reasons to maintain a bit of skepticism as we go 2023 because we can still see lower prices potentially coming in. There are still big macro events that are still affecting the market and if the equity markets dump based on the recession fear, crypto is going get drag right down along with it. We have crypto-specific stuff like DCG, they might go bankrupt and if they go bankrupt there are going to be a lot of questions back about what will happen to the Grayscale Bitcoin trust. The potential is that both in 2015 and 2019 we had this massive rally. In the 2015 rally, we saw the price going up by 200% and in 2019 really, we saw the going up by 300%. But neither of these years do we get close to the all-time highs.