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Cardano founder Charles Hoskinson claims that Donald Trump has disrupted the four-year cycle of
Bitcoin
(BTC). ๐
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๐ Bankrupt trader James Wynn has opened a new long position in $BTC with a 40x leverage, despite predicting last week that #BTC would drop to $67,000 within the week. ๐
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Bitwise has not ruled out the possibility that four-year cycles in Bitcoin (BTC) may still persist. Historical data shows that peaks in previous cycles occurred approximately 500-550 days after halving events. If this trend continues, the "crypto winter" may just be beginning. For the past 18 months, the belief that traditional BTC cycles are over due to institutional adoption and spot ETFs gained traction. However, new doubts are emerging among experts about this notion, with initial concerns about a potential crypto winter surfacing as early as September. #BTC86kJPShock #BTC
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Federal Reserve officially ends quantitative tightening. But keep in mind, the market won't react immediately.
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$BTC has NEVER dropped below its electrical cost Current Electrical Costs = $71,000 #Bitcoinโ
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Very Bad alt season bro ๐
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