Part 6/14:
- Price trajectories that challenge traditional expectations, with Bitcoin sometimes blowing past "logical" targets.
Dan notes that the timing of such a cycle is generally expected to culminate between late 2023 and early 2024, aligning with past patterns of peak and trough cycles in Bitcoin.
Signals and Validation of the Supercycle Hypothesis
The discussion delves into identifying signals indicative of a supercycle. Among these, institutional adoption is paramount: large companies and hedge funds expressing conviction or actually purchasing Bitcoin represent a check mark. Notably, key figures like Ray Dalio and Guggenheim have publicly advised holding significant portions of net worth in Bitcoin, reinforcing its status as "Gold 2.0".
Other signals include: