Bitcoin - Looking for Value Vol 13It grows and flourishes ...
Small comparison to the last "Bullrun".
Left the old and right the new.
Objectively speaking, things are currently looking extremely good for the Hodler. Subjectively anyway :)
Similar to 2017/2018, we have a very long accumulation phase in which the average trading volume was even raised to a new level compared to previous years. And here in this example I've only listed the data from Coinbase ...
Of course, the continuously increasing volume is also due to the ever-advancing adaptation and development, the passage of time, etc. Markets just grow, but I still think it's worth mentioning, because it shows what's going on ... measurable and objective. What used to be awesome is normal today ...
This is another indication that the crypto market is slowly growing up and also becoming more and more interesting for more traditional investors. There is one advantage here but also many disadvantages. It's a shame that so few parts of the normal population are still involved and that more and more people are coming into the market who actually already have enough and can't get their throats full enough out of sheer greed. But that's how it is, always and everywhere. If the population doesn't get on board soon, the chances of getting hold of a Bitcoin are getting smaller and smaller.
It's actually a shame that there are no super hackers who pull the money out of the pockets of the rich and divert the money to the less well-off population, that would be something right?
And really sad, everyone who bought dearly in 2017 and 2018 and sold their good and valuable Bitcoin over time with a fat minus .... Real mindfuck .... Had, would ... Yes, one would have.
But back to the lenses. The market is rising in a very stable manner and showing no signs of weakness.
The impulse movements are still extremely stable. No overlapping of the value areas, no deep retracements ... good moment, good volume ... everything chic ...
If we look how long the BTC was in the distribution phase after the rally at the end of 2019 before it then corrected ... 90 days ... We are still a long way from that. The trend is still young and full of energy.
It will probably be the same as with the indices
> Buy the Dip Forever
#BtcUsdT $BtcUsdt
