Bitcoin Surges Revive Old Questions, but Discipline Outshines the Mania

Every time Bitcoin summits a new high price, the collective room does the same dance: whoops, screenshots, a victory lap… and then a very long inhale. The chorus follows on cue: “Is this the top?”; “Am I too late?” and “Should I sell?” Peaks are often exhilarating not only because of what they promise, but because of what they threaten – the next move down.

Those are all great questions to ask; but now more than ever, there is nuance to the answers.

For those worried about the future – here’s a steady, hype-free take on reading the signals – without the noise.

The applause, then the math – will it crash?

Markets breathe in and out and Bitcoin’s lungs are famously large. The four-year rhythm anchored to the halving cycle (Bitcoin’s pre-set supply squeeze: mining rewards drop 50% every roughly 4 years) is real enough to shape behaviour, but not ...