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> After a bull market run it generally takes 5-10 years to reach its peak again. Bitcoin has only existed for 14 years—seems a bit early to generalize anything
by kilovoltaire 4y ago
> After a bull market run it generally takes 5-10 years to reach its peak again.
Bitcoin has only existed for 14 years—seems a bit early to generalize anything based on the two times it has peaked and crashed so far.
- corv 4y agoThere's been more than two peaks and troughs, I would disagree with the numbers presented
- aaronwalker 4y agoYou're right, my generalization is too early. It is based on crypto's correlation with the overall stock market since it is seen as an investment, which has always returned positive over a 15 year period. But this is more speculation than anything else.