The Magnificent Bitcoin Supercycle Is Here; Here’s Why You Should Expect Everything Bullish

The Magnificent Bitcoin Supercycle Is Here; Here’s Why You Should Expect Everything Bullish
фото показано с : zycrypto.com

2021-8-17 13:08

The “Bitcoin supercycle” is the concept of Bitcoin surging significantly due to incoming mass adoption as indicated by technical factors.

While many do not believe that the cycle is trustworthy, it still does a good job of highlighting the rate at which adoption is taking place and where that could lead the financial market to In in the near term. It certainly isn’t 100% accurate like many other crypto theories, but it does have its function.

“Bitcoin, as the tip of the spear for the entire crypto industry essentially was a Pandora’s box moment that unleashed the biggest growth trend in decades, and is a once in a lifetime opportunity for immense wealth creation.” writes investor Lark Davis, in respect to the Bitcoin super cycle. 

Bitcoin super cycle on wealth creation

It is not inaccurate to say that Bitcoin made millionaires and Billionaires within the last decade. Impressively, the wealth accumulation process was faster than what one could expect to get from the traditional finance market. Not only were a handful of Bitcoin millionaires documented in the 2010 to 2014 era, this year saw Bitcoin record a large number of billionaire founders in the market. 

Given that the present market is by far more stable than the last, and that adoption is rising at a higher rate, generation wealth accumulation through Bitcoin investments, like Lark notes, will take off rapidly throughout the next decade.

BTCUSD Chart By TradingView The Bitcoin/Crypto takeover has already begun

Setting the state for the Bitcoin super cycle is the rate at which macroeconomic factors like inflation have surged. This opens an entry channel for the spotlight to be on a more promising store of value; Bitcoin.

Regulation is becoming more flexible as we are witnessing new laws designed to embrace crypto utility. 

Further down into the funnel, is the “fiat on-ramp” increase. Bitcoin ATM machines are increasing, PayPal is bringing a huge market to the industry, NYDIG’s partnership with Bitcoin firms is huge, banks offering cryptocurrencies are on the rise, and Bitcoin ETF proposals have reached their highest levels. Keep in mind that retail traders are giving way for the largest institutions to step into the market.

Davis perfectly sums up the fact that the financial revolution that crypto/Bitcoin was envisioned to bring to life is already happening, and with the above statistics, which is only one amongst many, it is accurate to say the Bitcoin super-cycle has some elements of truth to it. 

“We are literally witnessing the birth of a new asset class which will redefine ownership, finance, identity, communities, markets, real estate, and much more. I know you are probably “bullish” on crypto, but chances are you are not even close to being bullish enough.” -alarm Davis.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 65756.11 (+1.00%)
Объем 24H $34.51b
Изменеия 24h: 7.12 %, 7d: 5.21 %
Cегодня L: $61392.69 - H: $65792.05
Капитализация $1295.309b Rank 1
Цена в час новости $ 46581.45 (41.16%)

bitcoin adoption supercycle good job highlighting cycle

bitcoin adoption → Результатов: 126


Bitcoin NFT Ordinals Boosts Taproot Adoption By 1,000% In Q1 2023

The rise of Bitcoin NFT Ordinals is one of the fascinating developments on the leading blockchain in 2023. This has correlated with an increase in the adoption of Taproot to process transactions.   Driving Taproot Adoption On The Bitcoin Network Data from Dune Analytics shows that Taproot adoption has gone from being used in less than 2% of all Bitcoin transactions to reaching a peak of 9.

2023-2-12 12:51


Top Credit Rating Agency, Fitch Ratings, Questions El Salvador’s Bitcoin Adoption

According to credit rating agency Fitch Ratings, El Salvador's adoption of Bitcoin as a legal tender may come to have unintended consequences. Bitcoin Adoption Could Lead To Negative Credit Rating President Nayib Bukele’s decision to grant benchmark cryptocurrency Bitcoin a legal tender status a few months ago came amid global applause from enthusiasts of the […] The post Top Credit Rating Agency, Fitch Ratings, Questions El Salvador’s Bitcoin Adoption first appeared on BitcoinExchangeGuide.

2021-8-17 17:05


Фото:

There’s A Massive Bitcoin Adoption Trend About To Thump The Philippines

As the Bitcoin adoption rate surges across the globe, many parts of the Asian continent remain committed to grabbing a piece of the Bitcoin pie before the industry gets saturated. While the Chinese and Japanese governments have been adopting strict cryptocurrency policies that have forced leading firms to migrate, the Philippines is opening its arms […]

2021-6-8 00:04


Will MicroStrategy drive corporate adoption of Bitcoin, when they pitch it to 1,400 companies?

Under the leadership of CEO Michael Saylor, MicroStrategy, which is a leading Bitcoin investor has been lauded for driving mainstream BTC adoption. It appears that the firm has been navigating BitcThe post Will MicroStrategy drive corporate adoption of Bitcoin, when they pitch it to 1,400 companies? appeared first on AMBCrypto.

2021-2-4 00:30