As we enter the final stages of the bull cycle.
Bitcoin has followed a mix of 2014 / 2017 pre and at halving.
2021 is not aggressive enough to hold the adoption LOG pattern so I will could it out following that path.
If we get mutual funds + retirement funds adopting Bitcoin a 2014 scenario is looking interesting. Potentially a double rally?
Until we pass the $100,000 mark and get a look at the speed of the rising price we won't know what path. Possibly a mix between 2017 and 2014.
2021 was a cycle effected both by fast rate cuts + pandemic funding + insane leverage.
We don't have leverage today like that + we could have the possible rate cuts + QE / YCC in full effect within months.
Especially after what has happen to the Japanese YEN.
Time to enter the final stage that will be followed by a very lengthy bear / slowed growth cycle.