In the latest episode of the “Trader Talk” program published on Yahoo Finance, Bitcoin’s four-year market cycle, its role in corporate balance sheets, and altcoin risks were discussed.
Host Kenny Polcari’s guest, WOLF Bitcoin Co-Owner and WOLF Financial Content Director Cade Bergman, explained Bitcoin’s position in the investment world in detail.
Responding to one of the most frequently asked questions in the market: “Are we nearing the peak of Bitcoin’s four-year cycle?”, Bergman highlighted historical data. He stated that if the current situation is the peak of the cycle, a pullback could occur lasting approximately a year, but then a new cycle will begin. He argued that this pullback would present an opportunity for long-term investors to open positions at lower prices.
Cade Bergman warned investors about the high risks inherent in the altcoin market, stating that altcoins are largely a speculative trading platform. He warned that new investors without technical analysis knowledge could be “stuck” in this market.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/is-bitcoins-4-year-cycle-now-over-analyst-issues-warning/