Quote from: AakZaki on November 17, 2023, 07:01:01 PM

Quote from: DeathAngel on November 17, 2023, 02:24:42 PM

History doesn’t always repeat but it often rhymes. We can’t base our trading or investment plans on what happened in the past. Obviously we can use indicators & various charts to base an opinion but there are many factors to consider. We should be heading into a bullish period for a couple of years now so bear that in mind.

Of these various factors, fundamentals are the main reason why history will not always be the same and the tendency for Bitcoin prices will increase when big moments occur.
The information and graphs studied will be based on the price opinions that will be generated. Trends will easily change depending on the situation and conditions, but the cycle will look the same as previous years. We can compare it with now.

The fundamentals are heavy these days. A bullish reading on various charts will be definitely backed by the actual situation of the Bitcoin market right now. Although delays on Bitcoin spot ETF applications were decided by the SEC just like it recently delayed the application of Franklin Templeton's, this has actually made the hype even stronger. The more they delay the decision, the more the number of application grows, the more the demand of a spot ETF grows stronger. And then there is also the halving which will happen in April next year.