Do people realize the bull market will go until January 2022? Bull/Bear markets typically last 2 years and crypto cycles run in 4 year increments. We JUST started this bull market. Coins like $Link still has a long way to go
$btc $eth $xrp $ada $vet $ewt $icx $vgx @vajolleratzii
Assume a #bitcoin price growth: ~ 0,3%/day. For a year or so. With a flow of 1800/day, the multiple would grow towards ~ 20. With the current flow of 900/day, the multiple trends towards >30. Quantitative representation of the self reinforcing effect: bull run / bubble.
@realDonaldTrump 2 trillion dollars of money laundered from undercover in 10 years.Bitcoin can be mobile but has a ratio to value that builds up over time. Good like Trump
New candle starting on Quarterly view of #bitcoin.
Rising 10-yr Bull market. Rising 4-bar MA, price above.
If you believe the 10-yr bull is over, massive downside ahead. If you believe bull intact, then.....follow the chart.
$BTC
$BTC monthly
If you're a believing man, this is a bullish retest and any dips towards $10.1k are for buying.
If you're a doubter it's really hard to be bearish as long as that block stands in the way so might be time to be patient to see where this month goes.