in

2013 & 2017 & 2021 $BTC Bull Cycle Chart Comparison Side by Side Major Things to Notice ➡️ Mid-cycle correction ➡️ Reversal of the downtrend in July ➡️ Explosive Q4 with New All-Time-Highs #Bitcoin

2013 & 2017 & 2021 $BTC Bull Cycle Chart Comparison Side by Side Major Things to Notice ➡️ Mid-cycle correction ➡️ Reversal of the downtrend in July ➡️ Explosive Q4 with New All-Time-Highs #Bitcoin



View Reddit by mortal8941View Source

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

24 Comments

  1. Keep in mind, from the last ath and now, institutional interest and investment absolutely exploded.

    What do financial institutions like to do? Buy low, sell high. Well, we all do, except for when it comes to bitcoin, we like to buy and hold regardless of the price. That sentiment is going to change due to said institutions. They have been buying up crypto for the past year, and have enough stored up to make a noticeable shift in the market when they start making moves. With the approval of futures trading on bitcoin, they will be trying their hardest to eek out every bit of profit from the margins by influencing the price.

    I personally think when if/when it hits 70k by the end of the month (maybe before), we’ll see a plateau until the end of November. Black Friday/Cyber Monday deals, Amazon will most likely implement the acceptance of Bitcoin as payment they talked about a month ago, and the massive sell-off will drop BItcoin down to sub 30k again. At which point, institutional and retail investors start to buy it back up, the real question is, how soon will it be back up to 70k or beyond after that? Christmas? Start of Q2 2022? Only time will tell.

  2. 200K will be the top this circle. Also if you want to know the end of October is 64K November 98K December 120K and January 2022 100K and this numbers are 10X of the corresponding months of 2017 and that is my TA.

What do you think?

Top 6 Trending Coins on the Huobi Global Exchange

Top 6 Trending Coins on the Huobi Global Exchange

CryptoNewsZ

Hong Kong Fintech Week 2021 to Lead Scaling Up for Fintech Future