Some are seeing bearish divergences on the high time frame charts, which is concerning.
I don't really think the 2017 top is comparable to the present day. Different market participants, macro environment, and further along on adoption S curve.
If I had to guess, this is where we're at currently in the "cycle", November 12th with a 150% move yet in store. Standby for more volatility.
I don't really think the 2017 top is comparable to the present day. Different market participants, macro environment, and further along on adoption S curve.
If I had to guess, this is where we're at currently in the "cycle", November 12th with a 150% move yet in store. Standby for more volatility.