Market History Explained... Why We Should Prepare for the Bear Market..

For the millions of people who joined the sub this past 15 months....

So many people were not in this sub in 2018/2019 and don't realize just how similar this level of Hopium was before it became Copium and then the sub just went dead for a year as the bear market kicked in.

So far the ATH always come the year after BTC halving occurs.. making block rewards 50% less. . 2012 - BTC block rewards reduced from 50BTC every 10 minutes to 25BTC every 10 minutes...

2013 we had ATH around $270 and then 80%+ crash to $50 Then crypto winter until next halvening...

2016 BTC block rewards reduced from 25BTC every 10 minutes to 12.5BTC every 10 minutes...

4 years after previous ATH...

2017 we had $20000 and then a 80%+ crash to $3800 Then crypto winter until next halvening..

2020'BTC block rewards reduced from 12.5BTC every 10 minutes to 6.25TC every 10 minutes

4 years later from previous ATH..

2021 we hit $68000 and so far the biggest drop was less than 50% down...

If we follow the pattern of before we have now a bear market with BTC going down below $15000 in the next couple of years before the havlening in 2024 (Countdown To Halving)and then next ATH in if we follow this 4 year pattern...

Right now 900 Bitcoins are mined per day, in 2024 this will reduce to 3.125/block = 450 Bitcoins per day.

The next ATH is likely to be 2025...

The sentiment in this sub is exactly the same as it was in 2018 when people were sure BTC was going back above $20k as it slowly fell and people lost money and over the years and then also interest. We went from 14k comments in the daily to having 300-600 in 2019...

Perhaps this time is different, but I think it's important people take profits and realize that you may need to be able to watch your portfolio crash before it picks up again in a couple of years...

We will hit $100k - but it might not be as soon as most people expect...

Edit: Thanks for the down votes!