Definitely, we've seen several cycles - to name 2 I watched more closely, the $30 peak and the $1000 peak were both followed by extended months of much lower pr

Definitely, we've seen several cycles - to name 2 I watched more closely, the $30 peak and the $1000 peak were both followed by extended months of much lower prices. After which the value tends to average out higher than it began, but remain quite distant from the peak for quite some time. This I call a cycle.