Benjamin Cowen

Diminishing Returns Bitcoin will experience diminishing returns from one cycle to another. Reason: Historical data shows that Bitcoin's ROI from the bottom has been decreasing with each cycle, making it unlikely for Bitcoin to match the ROI of previous cycles.

Unique Path Bitcoin's market path will not follow the exact paths of the last two cycles. Reason: The speaker states that markets never play out in the exact same manner, implying that Bitcoin's future market path will be unique.

Recession Impact If a recession occurs in 2024, it could have an impact on Bitcoin's price similar to the last cycle, but the specifics of the impact will differ. Reason: The speaker suggests that macroeconomic events, such as a recession, have influenced Bitcoin's price in the past, but acknowledges that the exact impact may vary.

Disclaimer: Not financial advice. For informational purposes only. Consult a professional for financial decisions.

Economic Insights