bitcoin ~ the differences with the last 2 bear markets
despite the similarities, there are plenty of obvious differences between the first and 'current' bear market
those people who think that we're already going for the next bull run are confusing those red lines
they look similar, but they're completely different;
the first red line is organic, which is why it held and after 3-4 tests we went for a bull run
but the second red line was artificial, which is why it failed !!
we're still in the bear market; we didn't see the bottom yet, which is why we didn't see the bottom line yet either ...
bitcoin is a currency, it needs stability; it can find that either at the bottom or the top ... of course it will go back to the bottom first, flatten out and then slowly go for another bull run
then again ... I'm just guessing ;-)
those people who think that we're already going for the next bull run are confusing those red lines
they look similar, but they're completely different;
the first red line is organic, which is why it held and after 3-4 tests we went for a bull run
but the second red line was artificial, which is why it failed !!
we're still in the bear market; we didn't see the bottom yet, which is why we didn't see the bottom line yet either ...
bitcoin is a currency, it needs stability; it can find that either at the bottom or the top ... of course it will go back to the bottom first, flatten out and then slowly go for another bull run
then again ... I'm just guessing ;-)
