
The cryptocurrency market has been experiencing significant fluctuations, with discussions revolving around the potential for another bull run. Observers have noted that the market's current state is reminiscent of previous cycles, though some argue it has not yet reached the levels of past bull runs. Bitcoin has defied predictions that it would struggle in a high-interest-rate environment, achieving all-time highs ahead of schedule. This resurgence was particularly noted in late 2023 and early 2024, with some assets seeing monthly 20x gains. However, there are concerns about the long-term health of the market, with some experts pointing out the psychological differences in investor behavior compared to previous cycles.
It takes years for crypto to wash out the excess and euphoria and repair itself This is evidenced by the stark dif in investor psychology compared to last cycle 2 months of alt season “costs” a 1-2 year blood sacrifice This is not symbolic of a healthy market imo
Remember the bull market? Good times See you in 2027
people really don't know shit about the future i remember when people thought btc would never be able to perform well post 21 because "it had only ever existed in a zero interest rate policy environment" the coin proceeded to rip to usd all time highs a year ahead of schedule