Spring Buds and Plenty of Water...

25 open tabs "full of valuable and informative articles" and I have no clue what exactly this post is going to be about. To be honest, I would love to put all that data into this crap post, or better said make some sort of a summary of all this news and wrap them into a post, but that's not me.

There's a lot going on right now in the world, from more and more disclosure coming from Twitter in regard to the covid-vaccination propaganda and censorship saga to El Salvador opening its arms even wider to crypto adoption, to AI weapons being tested in the Ukraine war, inflation, CPI announcements and so on and so forth...

Man, there's so much data to digest on an hourly basis basically that A.I. getting into content creation kind of makes sense tbh. "GPT-3 has 175 billion parameters → GPT-4 has 100 trillion parameters". Can you grasp that?

Just a few years ago we were looking at blockchain technology and cryptocurrencies and the "exponential age" paved for us by such marvelous technology and it all seemed so mind-blowing and now this... Just the idea of that much computational power coupled with blockchain and crypto freaks me out.

original photo, ser ;)

No wonder Google is into buying shares worth $10 billion in that chat GPT thing. Hope I did not mix information with this one :). Meanwhile, plebs are waiting for another bottom for Bitcoin so they can buy it at $10,000, $13,000, and whatever. It's not going to happen.

I know, the past often times points at what may lay in the future, but we have to take into account that the technology we currently have in use and what's to come has not been a part of the times that have created these patterns we're waiting for to repeat.

A recession might happen or might not happen, I don't know and frankly, I don't care but I'm thinking though if a recession in the current times shall be compared with the previous ones. Plebs probably didn't even have computers when the last recession occurred...

Now we got online banking, crypto, monetized social media, onlyfans, sports betting, yada yada. It ain't the same shit, and yeah I know, I probably don't sound/read too coherent with this but, trust me "Im clean" :). Do you know what's coherent to me though? The fact that Bitcoin topped on the 17th of December in 2017 and reached its lowest low of the bear market on pretty much the same date in December 2018.

Last bull market BTC reached its highest high on November 11, 2021, and in November 2022 it might have touched its lowest low of $15,700 or something like that. Anyway, the idea is that bear markets usually last something like 12 months or so, and about three months after the bear market ends we have a sort of a crab walk before we once again enter the bullish territory.

Bitcoin has not yet experienced a recession, but neither did Tesla(TSLA). We're at a time where a lot of shit that we currently have is so disruptive to what we had during the past recessions that is almost futile to compare each other(recessions). So far Bitcoin has evolved in four-year cycles consisting of three years of upward movement and one year of a downtrend.

Bitcoin likes to eat and digest. Will this cycle be different? I don't know, but so far it has always come to life in the second spring after the ATH... Guess what? That second spring after the 2021 ATH is just two months away. Does that translate to a bull market as of spring this year? We'll see... Personally, I believe BTC has seen its lowest low already.

What do you think?

Thanks for your attention,
Adrian

Posted Using LeoFinance ^Beta