Note from the future: How did ALGO end up dominating 20% of the total market capital in crypto out of 10 trillion reichsmarks in the bubble peak while it doubled its supply through 2021? I wish I had known so I could've bought some under a dollar, I would be king in times of depression. Irrational Roaring Market, how was I supposed to know Mastercard, paypal, facebook, amazon, visa and 16 governments were going to use this technology, how was I supposed to know CBDCs would be launched in 2022. How was I supposed to know the digital dollar was being introduced in a myserious MIT project. I'm just backward rationalizing here, nobody could anyone know, it was impossible to know at the time.
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This fractal has been very precise, be on the look out!
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Algo broke both the daily descending triangle and the 4 hour one as well, had a successful bounce on retest too, that's very bullish, if this is a fakeout it's a very good one
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Forget a trillionaire market cap, governance is going LIVE on October 1st. I'll say it in English:
it means Buckle your seatbelt Dorothy, cause Poverty is going bye bye!