Summary

  • Bitcoin slides to lowest since November 2024
  • Losses for the year so far at more than 20%
  • Crypto market has lost $2 trillion since October peak
  • Rout may be triggered partly by Warsh selection
  • locuester@lemmy.zip
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    3 months ago

    The ATH was Oct 2025. The exact day and velocity of the rapid decline is certainly not precise to the day. I’d expect the whole cycle thing being even within 6mo of 4 years from the prior.

    It’s a guideline, not some magic exact rule.

    Also, it’s triggered by the halving of block reward, which is every 210k(?) blocks, not some known time period.