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The most interesting thing is that this feels like the begining of a new bull run, rather than the top. The price action is starting to look like 2013 or 2017,
by josu 6y ago
The most interesting thing is that this feels like the begining of a new bull run, rather than the top.
The price action is starting to look like 2013 or 2017, but this time the driver seem to be institutionals and large investors.
- wmf 6y agoOver Bitcoin's history, each peak was several times higher than the previous peak. Of course this pattern can't repeat forever but there's room for it to repeat one or two more times before Bitcoin would pass gold.
- iforgottherest 6y ago> feels like > starting to look like > seem to be I mean, maybe, but it'd be more substantial if you could explain what you base those on or what you actually mean. Otherwise it's as good as scapulimancy .
- josu 6y agoTake it for what it is. Many "long time" crypto traders are feeling this way currently. We could be completely wrong. There are many indicators to support and disprove this hypothesis. Markets are just social constructs, so evidence based approach doesn't work that well. So yeah, scapulimancy but with a touch of self fulfilled profecy, which makes it much more interesting.