There is no 4-year crypto cycle.
Macro liquidity cycles just so happened to align to ~4 years in the past 10-15y.
Bear markets were consistently triggered by macro liquidity turning negative.
For the first time ever, macro liquidity is about to turn *positive* instead.
So,
Having been been through the 2014/2015 and 2018/2019 bear markets, main differences:
- Nobody has any doubt anymore that crypto is here to stay
- We have DeFi (Uniswap volume is often on par with the largest exchanges!)
- ETH outperformed BTC in both bear and bull markets
Call me crazy, but I firmly believe that $ETH will hit $10k-$20k within the coming 1-2 years.
And this time deservedly so.
#Ethereum has firmly established itself to become the universal value settlement layer of the internet, backed by an $ETH with maximum demand/supply ratio.