Is Btc cycling...
Everyone see how far Btc had came this year with 300% up. And what will be in 2022. In order to determine this, let's take a look back to 2017.
In first week of 2017, btc reached 1k $ milestone. The price goes up and up, especially in these three months September, October & November, approaching very close to 20k $. This was a huge uptrend with appro. 1900%.
But what happened later? As we all could see in 1 month graph of Btc/Usdt pair, it had to take almost 3 years to catch its previous ATH price.
Like 2017, now, Btc price went up too much starting from the year 2021 and then showing downturn since November.
If it is a crypto cycle, we will have to wait another years to get previous ATH of 67k $. I am just mentioning to notice what had happened during this year, and not suggesting that it will happen likely before, in coming 2022.