Bitcoin: Comparing Cycles, What's Been Difficult...

Added: 2026-05-16

[00:00:00]What's difficult, you know, what's been difficult for this cycle is trying to figure out, all right, is this more like 2019 or is it more like 2018?

[00:00:09]In 2018, there's certainly a lot of similarities between now and what happened back then.

[00:00:15]Uh for instance, Bitcoin found a low in February, right? It found a low there.

[00:00:21]And you can see found a low in February in 2022.

[00:00:25]And then after the low in February, we found a higher low in April, a higher low in April, and then a rally up to the 200-day moving average in May.

[00:00:35]So, in that way, it's actually really similar to how it played out in 2018. So similar, in fact, that the price that Bitcoin bounced off of is just 10x higher today than it was back then. The first low being at around 6K back then, and then the higher low at around 6,400.

[00:00:54]This time, you had your low at around 60K, and then the higher low is around 665,000. So,