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The Anatomy of Crypto's Adoption Cycles
[Originally published to < clearblock.xyz > on 1/4/2021] Bitcoin has undergone a series of radical price transformations in its brief 12-year history, leaving many to question the driving forces behind these boom-and-bust cycles. Zooming out of its recent three-month surge, this article will take a high-level look back on Bitcoin’s price history and explain why sudden, volatile movements like what we’ve seen are nothing new to the cryptocurrency markets, and actually quite predictable feature...
The Anatomy of Crypto's Adoption Cycles
[Originally published to < clearblock.xyz > on 1/4/2021] Bitcoin has undergone a series of radical price transformations in its brief 12-year history, leaving many to question the driving forces behind these boom-and-bust cycles. Zooming out of its recent three-month surge, this article will take a high-level look back on Bitcoin’s price history and explain why sudden, volatile movements like what we’ve seen are nothing new to the cryptocurrency markets, and actually quite predictable feature...
