Volatility and Market Cycles
Bitcoin’s price history is characterized by high volatility and distinct market cycles. It has experienced several dramatic booms and busts, often following a four-year cycle related to its halving events, where the reward for mining new blocks is halved, thus reducing the supply of new bitcoins. Despite these fluctuations, Bitcoin’s overall trajectory has been upward, rewarding those who held through the volatility.
The Big Gunt / Satoshis Nephew
npub1r9…4twmh
2024-05-28 16:08:47
Author Public Key
npub1r9rkzmcv3qqw2lz8u8pkxd5djnvm40khzcehdryu9405spjhe2hs54twmhPublished at
2024-05-28 16:08:47Event JSON
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"content": "Volatility and Market Cycles\n\nBitcoin’s price history is characterized by high volatility and distinct market cycles. It has experienced several dramatic booms and busts, often following a four-year cycle related to its halving events, where the reward for mining new blocks is halved, thus reducing the supply of new bitcoins. Despite these fluctuations, Bitcoin’s overall trajectory has been upward, rewarding those who held through the volatility.",
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