From the highs of Bitcoin, 2021 was crazy year for all people in the cryptospace. Almost every coin got hyped in in that crazy bull run. As a matter of fact, Hive even reached its all-time high at $3.41, we are down more than 90% from its all-time high value sitting at $0.30 as of the writing.

But Bitcoin is thriving its way up now, seeing at around $17.5k a piece which led me to the conclusion - is this the sign of the crypto market bull?

Not Yet, Based on the Cycle

Like most of the people observed, crypto in general follows an obvious cycle which happens every four years. So the least we expect for the bull to happen should be somewhere around 2025. It has happened last 2017 and 2021 so a lot of people feels 2025 will be the year to wait for the flowers to bloom again.

But the whale knows when it is exactly to take profits and when it is exactly to buy again. They buy when a lot of FUD is happening around, which has already happened after the FTX saga, Luna collapse, and many more centralized exchanges collapsing. Bitcoin is now sitting around 20% only from its all-time high value. Does this mean they are now done tanking and this is about time to bring back the hype?

Hope So

Everyone is hoping for that pump to happen again and I have a big feeling that the cycle will be no longer followed. It will take time faster than the previous bulls because crypto in general is getting attention to the public and is currently being understood mostly.

Well, I think it has become matured now but I still see we have a lot of things needed for it to be widely accepted. I just think that the price can still be manipulated by a couple of billions and this is the scare of crypto. But technology/purpose wise, there is a big future. That's why it is only a matter of time for these to be realized. What we need are honest people and a contract-based token that can't be gamified and manipulated.

I am still sitting and tanking some of the coins I like now and I am patiently waiting for these to bloom very soon. Just a quick reminder that everything is not guaranteed in crypto especially the profit part, just risk what you can afford to lose as they say.

More Understanding

As the day go by, my interest in cryptocurrency has increased significantly high following prominent crypto channels discussing about current news events (fundamental) and technical charts. I still have a long way to go but I'll eventually get there.

We gotta thank these people who continue to spread information and knowledge to the world via social media channels. It's not easy to create content everyday and these people have dedicated their time.

What are your thoughts? Feel free to share them at the comment section.