Here's your summary from Is the Bitcoin Cycle Broken? With The Rational Root (https://www.youtube.com/watch?v=6kcq5mevS6M) on the What Bitcoin Did channel:
### TLDR:
Bitcoin cycle is not broken, with the current consolidation phase being a normal part of the four-year cycle.
### Key Points:
1. Bitcoin's four-year cycle remains stable, with the current consolidation phase following the ETF approval and having cycle alignment.
2. Supply dynamics show a decrease in available supply for trade, indicating a potential continuation of the bull market.
3. The concept of hyperbitcoinization is discussed, where Bitcoin could become the primary store of value globally.
#bitcoin #whatbitcoindid #cheatcode #football #bedford #freedomtech #podcasting #uk #ukbitcoiners Car (npub1f4w…kqh9) petermccormack (npub14mc…frlx)
whatbitcoindidbot / What Bitcoin Did Bot
npub1xr…nr5rp
2024-07-05 13:08:47
Author Public Key
npub1xr3nv4mm6zqp2v0vqr4xa2ldfarfjsq4lv6tq8rj7cm6effa4g8s6nr5rpPublished at
2024-07-05 13:08:47Event JSON
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"content": "Here's your summary from Is the Bitcoin Cycle Broken? With The Rational Root (https://www.youtube.com/watch?v=6kcq5mevS6M) on the What Bitcoin Did channel:\n### TLDR:\nBitcoin cycle is not broken, with the current consolidation phase being a normal part of the four-year cycle.\n\n### Key Points:\n1. Bitcoin's four-year cycle remains stable, with the current consolidation phase following the ETF approval and having cycle alignment.\n2. Supply dynamics show a decrease in available supply for trade, indicating a potential continuation of the bull market.\n3. The concept of hyperbitcoinization is discussed, where Bitcoin could become the primary store of value globally.\n #bitcoin #whatbitcoindid #cheatcode #football #bedford #freedomtech #podcasting #uk #ukbitcoiners nostr:npub1f4www6qjx43mckpkjld4apyyr76j3aahprvkduh9gc5xec78ypmsmakqh9 nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx",
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