Crypto has alternating cycles.
The average cycle lasts 4 years, similar to the halving frequency of BTC.
crypto BTC halving cryptoworld
There are many methods of determining the change of cycles, and quantitatively we can define it when the realized price of BTC gets lower than the market price. Realized price is the value of all BTCs at the price they were bought, divided by the number of BTCs in circulation.
On June 13, we officially entered a bear market and now we're in the final stage of the 4th сrypto-cycle.
We have been in this zone for five months and may see another ~120 days of good buying opportunities compared to previous cycles.
CryptoWinter crypto cryptomarket
"^ Based on Grayscale research from July 2022 and derived mathematically from previous cycles.
👉Check it out here
The FTX crash is a massive event that influenced this prognosis.
But past bear markets were also full of crashes: the Mt. Gox 800,000 BTC hack, the Ethereum hardfork, etc.
The math already has that, so it's reasonable to take the Grayscale prognosis as a starting point.
Times like these are said to be one of the best entry points into the market. The market becomes more mature with each new cycle.
CryptoWinter cryptomarket BTC bearmarket
Crypto is not only more available to retail investors, but also to institutional investors who could not invest in this asset class before ETFs appeared in Europe, Canada and Brazil.
It's quite possible we'll see the USA on that list as well.
CryptoWinter bearmarket crypto
Also, decentralized applications (dApps) are gaining traction and finding their way into the markets for decentralized finance, games, art, and more.
Sooner or later, one way or another, but the next bullrun will go big.
CryptoWinter DeFi dApps
Each new cycle has been marked by fundamental advances.
We've seen ups and downs – a surge of diversity in 2021, when such areas as GameFi, NFT, and Metaverse gained popularity.
CryptoWinter nft DeFi MetaverseNFT
– all appeared in the period of 2017-2018, which was the period of a full collapse for the previous cycle.
CryptoWinter crypto bearmarketThis post is based on this twitter thread.