WOW Crypto FUD at all time high Bitcoin at crucial support
Originally aired on June 11, 2023
Bitcoin and cryptocurrency historically operate on a four-year cycle, but this cycle may be changing due to regulatory issues and the ability for Bitcoin miners to take out collateralized loans. The anti-crypto agenda from the current US administration is fueling uncertainty in the market.
Is Bitcoin still operating on a four-year cycle?
- Bitcoin’s four-year cycle may be changing due to regulatory issues.
- Collateralized loans allow Bitcoin miners to stay afloat without having to sell their Bitcoin.
- NFTs and Bitcoin oracles are helping Bitcoin miners become profitable.