The current picture reminds me beginning of 2012
Current
The 2012 similar situation, first 1/3 of chart
If I am right and price will leave bearish market in 2012 style, then we will have one-two years more of sideways.
Current
The 2012 similar situation, first 1/3 of chart
If I am right and price will leave bearish market in 2012 style, then we will have one-two years more of sideways.
The bitcoin hype is over. This seems very reasonable and gives the crypto space the much needed time time to get its shit together. A stable market for the next 1.5 years could be very well the blind spot of most market participants.
1.5 years is enough to shake out just about all weak hands. Then what? A rally to 21k?