Another similarity to the 2013 BTC Bull Market...

in bitcoin •  3 years ago 

Another day and another similarity to the 2013 Bitcoin Bull Market...

As if we didn't have enough already, here's another one...

The Realized HODL Ratio looks to be at a very similar spot to where it was at this stage in 2013.

Check it out:

image.png

(Source: https://twitter.com/mavhhhh/status/1445415084176691202/photo/1)

No matter what you think of our current spot, it's very clear that there is no parabola on that ratio chart.

Nothing like we saw in every other bull market.

Until we see that start to happen, we are likely not near a peak.

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Good!

Patiently waiting to see what happens.