Bitcoin Halving in red lines, then the bull runs, followed by the bear market and then the accumulation into the next halving
as you can see they are pretty similar.
if the past repeats, we are not far from a gradual uptrend!
how ever, the last market cycles did not have futures, options etc involved so it could be interesting.
Bitcoin is now in the hands of hedge funds and whales. my concern is there is no ICO craze like 2017 which we all have to admit was most of the hype and pushed the price. Also, remember that CME futures news was broken in the summer of 2017 which brought in outside big traders in who started to buy up like crazy and when the date of futures was set, on that very day they sold and shorted. they could yes do it again but with most BTC being snapped up by greyscale as soon as its mined, id be surprised if we see 10x. they would be happy to see 5x before they sell.
as for Defi, like every other FOMO , It's not going to do what everyone is saying!! just another experiment by very clever people
Link looks good, but theres lots of tokens and the projects they are joining up with need mass adoption!! cant see that happening with facebook bringing out its blockchain soon.
Energyweb looks super interesting. research that $EWT
GOOD LUCK MY FREINDS...
IMO THE BEST WAY TO SEE WHERE THEY PRICE IS GOING, LOOK AT BITCOIN LONGS v SHORTS, IF THE LONGS ARE MORE THAN THE SHORTS... SELL!!
as you can see they are pretty similar.
if the past repeats, we are not far from a gradual uptrend!
how ever, the last market cycles did not have futures, options etc involved so it could be interesting.
Bitcoin is now in the hands of hedge funds and whales. my concern is there is no ICO craze like 2017 which we all have to admit was most of the hype and pushed the price. Also, remember that CME futures news was broken in the summer of 2017 which brought in outside big traders in who started to buy up like crazy and when the date of futures was set, on that very day they sold and shorted. they could yes do it again but with most BTC being snapped up by greyscale as soon as its mined, id be surprised if we see 10x. they would be happy to see 5x before they sell.
as for Defi, like every other FOMO , It's not going to do what everyone is saying!! just another experiment by very clever people
Link looks good, but theres lots of tokens and the projects they are joining up with need mass adoption!! cant see that happening with facebook bringing out its blockchain soon.
Energyweb looks super interesting. research that $EWT
GOOD LUCK MY FREINDS...
IMO THE BEST WAY TO SEE WHERE THEY PRICE IS GOING, LOOK AT BITCOIN LONGS v SHORTS, IF THE LONGS ARE MORE THAN THE SHORTS... SELL!!