It appears we are not so different after all...

in bitcoin •  3 years ago 

The Bitcoin Bull Markets have been remarkably similar...

It appears we are not so different you and I.

The past couple bull markets for bitcoin look eerily similar to what we are seeing right now as well.

It may not feel like much of a bull market, but these quiet periods happened in both previous bull markets as well.

Check this out:

image.png

(Source: https://twitter.com/Zaheer2018/status/1439643878836035594/photo/1)

Looks pretty similar right?

These things are never exact, but the overall general theme is the same.

A big rum up followed by a consolidation period followed by the blow off top phase.

We are still in the consolidation phase but the blow off top phase is around the corner.

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