PVP or PVE
In this issue we cover the case for Crypto this cycle and some of the reasons the market has been tough to navigate
Crypto has historically traded in these 4 yearly boom and bust cycles. The last of which was the previous cycle back during covid in which Bitcoin went from lows of around $3k, to highs of approximately $66k. There are numerous things that have remained the same in these cycles so far including but not limited to:
Bull runs occurring post BTC halving
Alt coins providing ridiculous returns before crashing 90+%
Diminishing overall returns cycle to cycle
Euphoria moments
Many agree that we’re now in the next bull run and Bitcoin has already moved from $15K lows to recent local highs over $70k. People are now speculating on the potential ‘alt coin season’. Strangely, despite the massive move in Bitcoin, many of the biggest alt coins that sit in the top 200 by market cap haven’t yet made much of a dent. In fact, many are at bear market lows.
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