I'd say the chart was more relevant for the time when BTC was still respecting the halving cycles and when its value was pure speculation. We've come to a point now when Bitcoin is gradually proving to be a hedge. A hedge that works not only against inflation, but also against totalitarian governments and constrictive systems. I believe that these cycles are of the past and it's hard to predict anything on Bitcoin right now, for the next 10 years or so...
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