Bitcoin becomes stronger and generates more trust.
Bitcoin has evolved drastically, going from being an asset that people laughed at, criticized for being a very volatile and devastated scam, to being an asset offered by the main investment funds worldwide that has taken a giant step in terms of acceptance. by investors as an asset class with long-term potential, a fact that according to him was nothing more than a matter of time.
Bitcoin, thanks to its history, technology, scarcity and decentralization, has been positioning itself as having an increasingly interesting role in our society, an asset that has also been constantly evolving in the last cycles it has gone through, generating more and more confidence in investors to invest over time. cycle after cycle.
Bitcoin plays an essential role, the key point I am referring to is its strength since these facts are making bitcoin completely different from previous cycles, taking very important steps that allow it to continue maturing as an asset class and becoming increasingly stronger. .
The evolution is brutal, going from the previous cycle in which we saw a large number of problems, such as liquidity crises, lending problems, massive bankruptcies, etc., etc., to a new, much more important cycle in which things have been built from the ground up. focusing on what is really important and what really adds up.
With countries fighting over this technology with the United States much more likely to look favorably on bitcoin with the main funds fighting to offer bitcoin to their clients even with many traditional investors and large companies looking for their moment to have exposure to bitcoin and not miss out. train.
Something that has also been reflected in the graphs with much lower levels of leverage and more controlled falls during the last few months than in the weekly graph all the corrections have been between 15% and 20% quite good figures that reinforce everything This and how the holders, despite the great rise, remain strong and in many cases waiting for bitcoin to continue rising.
While in other cycles the falls have been much more aggressive, unleashing madness and not only liquidating billions of dollars in shorts but also generating much more insecurity for holders, causing cascades of sales.
However, currently this is supported by several very positive data such as the supply in the exchanges that does not stop falling and is already less than 11% or the number of whales that despite the great rise in bitcoin continues to grow without stopping, reinforcing thus the confidence of investors.
Bitcoin still has a lot left to say, raising a new question in all of this: the possibility of Bitcoin entering a super cycle and in case you don't know what this term consists of, a super cycle refers to a prolonged period in time in which The price of an asset or a certain sector grows in an enormous way, that is, super strong.
An event that, unlike a normal and ordinary cycle, usually has a longer duration and reaches a level that very little could be expected if this year we have experienced a historic event that has brought to light the great interest of the Giants of Wall Street for bitcoin so many good things are to come.
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Trust me when I say we are still going way higher from the current state we are, it's just a matter of whether we get into the supercycle before the halving or after .
Well friend, bitcoin has already given the first warning of what can be expected from it and there are only a few days left until the halving, so about 15 days of volatility are expected for both bitcoin and altcoins.
Bitcoin has a long way to go to grow and as I say in my publication, the scarcity of bitcoin supply will cause its price to rise dramatically to an astronomical price with each halving.
Upvoted! Thank you for supporting witness @jswit.
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