DecodeJar on Nostr: Common assumption is because technicals look simlar to July 2020, #crypto is about to ...
Common assumption is because technicals look simlar to July 2020, #crypto is about to explode higher.
Parabolic moves take longer than they sound tho. Even the 2019 parabola took more than 6 months.
$6 Trillion Total Market Cap, Q1/Q2 2024? #bitcoin
There are certainly similarities but July 2020 looks significantly steeper and stronger to me, so whilst I think this is a possible scenario, the market still needs to prove itself.
Parabolic moves take longer than they sound tho. Even the 2019 parabola took more than 6 months.
$6 Trillion Total Market Cap, Q1/Q2 2024? #bitcoin
There are certainly similarities but July 2020 looks significantly steeper and stronger to me, so whilst I think this is a possible scenario, the market still needs to prove itself.