Comparing Bitcoin Cycles: Halving, Peaks, Lows, and Surpassing Previous Highs

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p1x3l365Senior Member
Posts: 511 · Reputation: 1890
#1Oct 4, 2018, 03:11 AM
There’s this site that charts past Bitcoin cycles alongside the current one, letting you see them all together for an easy comparison. You can check out four different tabs to play around with the charts and see how they stack up. They also have a disclaimer that’s definitely worth a read. Honestly, predicting the market is super tricky and if you try to time it just right, you’re probably gonna end up losing money eventually. So keep that in mind when using this tool or any others for your trading or investing. Each of the four options has some interesting takeaways, in my view. You just gotta click on those tabs to get the numbers. One thing I noticed is that the scales keep getting smaller with each cycle. Not sure why this site sticks with a scale of x1 for the current cycle though. Halving Nov 2012 Nov 2016: scale x5,206.6 Jul 2016 Jul 2020: scale x98.4 May 2020 May 2024: scale x7.5 Apr 2024 Oct 2024: Bottom Nov 2011 Nov 2015: scale x7,005.3 Jan 2015 Jan 2019: scale x91.3 Dec 2018 Dec 2022: scale x4.9 Nov 2022 Oct 2024: Top Jun 2011 Jun 2015: scale x2,196.8 Nov 2013 Nov 2017: scale x58.1 Dec 2017 Dec 2021: scale x3.4 Nov 2021 Oct 2024: Crossing the peak of the previous cycle Feb 2013 Feb 2017: scale x2,044.1 Feb 2017 Feb 2021: scale x54.1 Dec 2020 Oct 2024: scale x3 Mar 2024 Oct 2024:
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its_bossMember
Posts: 26 · Reputation: 160
#2Oct 4, 2018, 09:14 AM
I have been using the Cycle Low Multiple from Bitbo and that seems to be more intuitive as you can see days from Halving and how exactly Bitcoin went up after every Halving. I will keep this website bookmarked too, just to be sure I am looking at the cycle correctly with my 4 eyes (I wear glasses, lmao). Thanks for this, make sure to check them out too. https://charts.bitbo.io/cycle-low-multiple/
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LoneMaxiMember
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#3Oct 4, 2018, 01:23 PM
It has already pumped due to anticipation, no more momentum left and too low new cash inflow. The best you can hope now is to stay afloat but it will probably just drop to new average, somewhere around 32-35K USD and stay there for another 4 years.
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paul2017Senior Member
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#4Oct 4, 2018, 02:23 PM
The supply of bitcoins is always increasing, even after a halving. There is no "resulting scarcity". Also, "supply of newly minted coins" is called production. Since there is no such thing as "production and demand", some people like to write "supply of newly minted coins" so they can make mistaken allusions to "supply and demand".
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1t5_omegaHero Member
Posts: 614 · Reputation: 3883
#5Oct 4, 2018, 06:26 PM
Well, in this case we see that although many people despair, we are following a certain regularity of previous cycles, and if this one were to be similar the best is yet to come. The first era was the one that started the bull run the fastest as well as the one with the highest return, as it is logical, and it only remains to see what happens in this cycle to draw conclusions because if this one in returns remains below the previous one, which was already disappointing, I think we will have to forget about very high returns in the future no matter how many people insist that institutional money will take the price to the moon, something that was already said in the last cycle and did not happen.
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