Data Integration Specialist, Crypto Enthusiast, Market Maker. 💻💲
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Since the last bull cycle happened:
Conclusion of The Merge
Launch of PayPal stablecoin
UBS and JP Morgan carried out financial operations through Polygon and Ethereum
Numerous applications for Bitcoin and ETH Spot ETFs in the US
I'm excited for the next cycle...
This is one of the most important market cycle charts for BTC. Once BTC crosses $32,000 (green line), there is no turning back. From there, a lot of liquidity will flow into the market. The consolidation below resistance is bullish.
The root of the problem with conventional currency is all the trust needed to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is littered with breaches of that trust. Banks must be eager to hold our money and transfer it electronically, yet they lend it out in waves of credit bubbles with only a reserve income. We have to trust them with our privacy, trust them not to let identity prescriptions drain our accounts. Its huge overhead costs make micropayments impossible.
~ Satoshi Nakamoto