Despite quite a few predictions to the contrary, a Bitcoin (CRYPTO: BTC) “supercycle” probably isn’t coming anytime soon, and past supercycle calls have a poor record.
That hasn’t dented the conviction of James Thorne, chief market strategist at Canadian wealth manager Wellington-Altus Private Wealth, who said he expects a run “for the ages” on Oct. 15 in an interview with Bitcoin Magazine.
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The last market cycle had Wall Street’s money, too
Thorne’s argument is that Bitcoin’s four-year cycle, a theory that describes its booms and busts as being anchored…
