As of this week, both the Bitcoin Power Law chart and the Bitcoin Rainbow chart (now on its 5th version) have broken through the bottom. Both of them have always grossly overestimated BTC price and underestimated the diminishing returns of each cycle. Bitcoin cycles have diminishing returns Cycle 2: 50x gain Cycle 3: 20x gain Cycle 4: 3x gain Cycle 5 (just ended): 2x gain (1.7x inflation-adjusted) Returns converted to 4-year CAGR: Cycle 2: 170% Cycle 3: 110% Cycle 4: 32% Cycle 5 (just ended)
CryptoAlerta — análise de criptomoedas e mercado em tempo real