People evolving in the crypto space know about them: the cycles. We more or less know (or think we know) the market moves in cycles, swinging like a pendulum between bull markets and bear markets. The inflection point from bull to bear is usually a black swan event, or a series of black swan events, that happens in a short span of time, when, in a very christian fashion, people believe they’ve had it too good and the time for redemptive suffering has come. The inflection point from bear to bu...

People evolving in the crypto space know about them: the cycles. We more or less know (or think we know) the market moves in cycles, swinging like a pendulum between bull markets and bear markets. The inflection point from bull to bear is usually a black swan event, or a series of black swan events, that happens in a short span of time, when, in a very christian fashion, people believe they’ve had it too good and the time for redemptive suffering has come. The inflection point from bear to bu...