BTC on rhyme
When we see Bitcoin, we need to pay attention because BTC always repeat the same pattern. As Mark Twain once wrote, ''history doesn't repeat but sometimes rhymes.''
Every cycle is different: different movements, with more exponential movement (if we see the logarithmic mode) or slowly like this time.
More wallets holding Bitcoin means a brighter future for BTC technology. Adaptation means time, time means unknown, unknown means even fear.
Everyday more and more countries and companies decide to buy Bitcoin; therefore, putting their faith in BTC technology.
What the price is telling us is just what people think. Don't forget that Bitcoin is still there as an asset long term with the same technology no matter the price (30k, 65k or 125k).
STRUCTURE ANALISIS
We always see the structure of Elliot's five waves during the BTC uptrend. Currently, we are on the the retracement of the third wave, and we still don't know how deep it´s going to fall. Looking at the past during the uptrend, we have never seen the price below the 1.618 of the Fibonacchi level, which means we are about to start the movement towards the five wave.
Every cycle is different: different movements, with more exponential movement (if we see the logarithmic mode) or slowly like this time.
More wallets holding Bitcoin means a brighter future for BTC technology. Adaptation means time, time means unknown, unknown means even fear.
Everyday more and more countries and companies decide to buy Bitcoin; therefore, putting their faith in BTC technology.
What the price is telling us is just what people think. Don't forget that Bitcoin is still there as an asset long term with the same technology no matter the price (30k, 65k or 125k).
STRUCTURE ANALISIS
We always see the structure of Elliot's five waves during the BTC uptrend. Currently, we are on the the retracement of the third wave, and we still don't know how deep it´s going to fall. Looking at the past during the uptrend, we have never seen the price below the 1.618 of the Fibonacchi level, which means we are about to start the movement towards the five wave.
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