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Most of the bubbles described in this (old) article have some jaggies on the way up. It's anyone's guess whether they're random volatility or constitute "cycles", and the definition of a cycle is anyway more to do with market psychology than the underlying asset (with the possible exception of tulips which do have a growing season).
https://www.man.com/insights/a-brief-history-of-bubbles
I'm not unduly weighting that article, it's just a convenient collection of graphs in one place.
useless-
Most of the bubbles described in this (old) article have some jaggies on the way up. It's anyone's guess whether they're random volatility or constitute "cycles", and the definition of a cycle is anyway more to do with market psychology than the underlying asset (with the possible exception of tulips which do have a growing season).
Good one about the tulip growing cycle :)
The bitcoin cycle is based around halving so it is to do with the asset as well, hence it has had a regular and fairly predictable time period.
The definition of 'bubble' is subjective. Bitcoin has some of the characteristics, but less so over time and less than when that was written. It has come a long way since then, when the price of Bitcoin was $11.8k. Given where it is today - that it has since been through two more cycles, existed for 8 more years, been embraced by tradfi via the ETFs and other means, and reached almost 10x value, the article hasn't aged very well.
frank9755
That's rubbish - show us a bubble which has been through four complete cycles: growth, crash and recovery to a higher level.