Bitcoin’s 4-year cycle has concluded

Bitcoin’s 4-year cycle has concluded. Technical analysis suggests a retracement to the 60 𝑘 𝑙 𝑒 𝑣 𝑒 𝑙 , 𝑝 𝑜 𝑡 𝑒 𝑛 𝑡 𝑖 𝑎 𝑙 𝑙 𝑦 𝑒 𝑥 𝑡 𝑒 𝑛 𝑑 𝑖 𝑛 𝑔 𝑑 𝑜 𝑤 𝑛 𝑡 𝑜 𝑡 ℎ 𝑒 60klevel,potentiallyextendingdowntothe 40k support zone. While a recovery to around $120k is possible over the next four-year period, it remains speculative due to the prevailing distrust in the crypto market stemming from price manipulation and dumping by exchanges. Consequently, with a lack of fresh capital inflow, altcoins are likely to collapse and be forgotten over the long term. Ultimately, dollar-pegged stablecoins are the only assets expected to survive and see continuous growth.