Quote from: DamCryp on June 07, 2018, 11:52:22 PM

"Bitcoin has now gone 173 days without a new high. Longest streak ever was 1,176 days (from Dec 2013 to Feb 2017)." So I came across this fact on twitter, and checked obviously (always DYOR haha) so what do guys think this says about BTCs current position, or what it does for the much anticipated bull run. We know that Mt. Gox "helped" make that previous streak a reality, and current conditions are not even similar, there is much more awareness and players. But do you think the the overhype that took it to 20k and its followed drop for the past 6 moths (which caused major disillusions) , will make it more difficult for BTC to reach new highs?

Since the last crash took so long for a recovery, this tells us that we should be patient and be prepared for this recovery to last a little while longer. I hope it doesnt take 3 years like last time but 1 year seems reasonable or maybe even 2 years. That doesnt really bother me because I wasnt buying at those all time highs 6 months ago, so I dont need a new high to make a decent profit.