BitcoinLong
BTC about to retrace
Most analyses compare the top of the 2017 Bullrun to the top of the 2021 Bullrun.
If, and I emphasize the IF, BTC had had just one blowoff top (in between both tops of 2021, and if the structure of 2017 is repeating, we are about to see a very good rally.
Obs:
- I believe that we are going up (based on lots of info regarding, politics, war, recession, FIFA World Cup, printing, etc)
- One crucial point is that we did not have a real Altseason and the BTC dominance chart, looks very dumpy to me.
- I don't believe markets repeat patterns precisely but I also believe it plays the same (if you know what I mean)
- All the money in BTC needs to go to other much more useful projects, (it will happen) (not saying BTC will disappear)
- We are still having an altcoin season before the next BTC ATH, it must be, otherwise, no one will have money to buy BTC (hard to hear)
If, and I emphasize the IF, BTC had had just one blowoff top (in between both tops of 2021, and if the structure of 2017 is repeating, we are about to see a very good rally.
Obs:
- I believe that we are going up (based on lots of info regarding, politics, war, recession, FIFA World Cup, printing, etc)
- One crucial point is that we did not have a real Altseason and the BTC dominance chart, looks very dumpy to me.
- I don't believe markets repeat patterns precisely but I also believe it plays the same (if you know what I mean)
- All the money in BTC needs to go to other much more useful projects, (it will happen) (not saying BTC will disappear)
- We are still having an altcoin season before the next BTC ATH, it must be, otherwise, no one will have money to buy BTC (hard to hear)
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