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BITCOIN

The Bitcoin Boys’ Money-Making Story

Skyrocketing bull market fairy tale 2023–2025

Ju Peter Goodman
Web3 Surfers
Published in
4 min readJul 5, 2022

Photo by Judeus Samson on Unsplash

A good story moves the masses. And that is what everyone counts on to make money around May 2024. Due to what will happen.

Around May 2024, the fourth halving event will occur.

The mythology of Bitcoin says that the prices will skyrocket in 2025 starting in 2023. Until the end in the last quarter.

Let’s see the charts that show this legend and prophecy in the Bitcoin communities.

Screenshot from bitcoinhalvingdates.com 30/06/2022 by CoreCrypto1

As you can see, the chart shows that the Bitcoin community likes things complicated. It makes them feel smart and sophisticated.

The story that the chartists are selling in essence is this ( Pardon my chartist skills):

Simple 4-year Bitcoin Cycle 2022–2025 Fourth Halving by Author

Looking at it in a simple way, the fairy tale is that the bull market starts one year before the halving event. And such a bull market runs until the end of the year following the halving. At least that is the general logic of the story.

That is the famous legendary myth of the 4-year Bitcoin cycle.

As it will be evident to you from the detailed chart I am not a prophetic chartist. But the simple chart reveals the secret master plan in the Bitcoin community. Make money by selling your Bitcoins bought today in the bear market at the height of the 2025 bull market. They justify this strategy with the next 2024 halving.

Why do they think that is what will happen? Because in essence, it is what happened around the previous 2020 halving.

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Web3 Surfers
Web3 Surfers

Published in Web3 Surfers

Crypo maximalists on medium. #blockchain #crypto #web3

Ju Peter Goodman
Ju Peter Goodman

Written by Ju Peter Goodman

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