#Altcoins
There it is! The Altcoinmarket touches the ATH of 2017.
-It was the same in the last cycle. The altcoin market also touched the 2013 ATH in 2016 before the market went exponentially higher.
Everything just takes a little longer in this cycle.
We're all gonna make it
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Two major upgrades:
- Support for stablecoins, generic tokens, and L1 native assets
- Bridge renASSETS in one step between smart contract chains
Check it out here: https://t.co/7UYSDaSVRg
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#Bitcoin 2016's fractal could be playing in 2022.
1/2
In 2016, Bollinger Bands indicator showed a contraction period followed by a squeeze & expansion.
The squeeze led to a flush down in early August.
Then another contraction, a squeeze & price started a new uptrend.
👇
#Bitcoin Halving Cycle - Time Factor⏳
It's common for #BTC to trade sideways for 20 months (give or take) before the Halving and printing a new ATH.
#BTC could still see new lows from here but the majority of the price action we're likely to see into 2024 is sideways ranging.
#Bitcoin
Three different fractals: 2014 - 2019 - 2022
Price is in a downtrend and flips above the trendline until it finds support (🔵) and enters Accumulation phase (Acc 🟩).
We believe in repeating patterns.
#Bullish