who could put the big money-instituional to begin the new fomo bull run ??
is irreal need a lot of new money in this old ponzi to this start other bull cycle
but who know...this is crypto-unregulated
in 60k was overpriced for slow old token 1.0 blockchain
tether was printing usdt of the air for buy btc
and backup that shitcoin usdt
oguzozder4
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@geekpe, in fact, when you look at it, each bull cycle lasts longer than the previous one and rises less in terms of ascension. I think this bull season has risen faster than it normally would, when you look at the 20-week moving average, which is the historical support of the bull run, Btc hit it for the very first time during this cycle... I thınk it's because of the institutional buyers... news... Elon... influencers, etc... As a result of the rapid rise, we can continue in a downward direction for a while and then enter the upward trend again. and so firms that didn't buy bitcoin early can decide to buy it
floppinggroperw
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I’ve been thinking this for months now due to the faster rate of our incline. The Pi Cycle top indicator crossing was additional confluence.
oguzozder4
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@floppinggroperw, Yes... I think this run has risen faster than it normally would due to all of these hypes (Easy money perception, 100x coins, Elon, Tesla, İnfluencers, Shitcoiners, etc...) in order for us to continue the rise, we may need correction, otherwise, this will not be healthy rise for the market(overbought)
pawpatrol0
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Looks great
DarkQuinn
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60k just doesn't look like a top. not like all the other tops look like anyway imo. also, I was dying to run by someone this theory and call me crazy but regarding the relationship between the halving and btc price, did anyone notice thatf Ist halving =100x =1.1k
2nd = 20x = 20k
3d= 4x = 80k by end of 2021? or am I just discovering this while everyone else already knows? lol
oguzozder4
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@DarkQuinn, well... each cycle has a lower ROI than the previous one(btc). but you can't guess the numbers. also, your numbers aren't correct (1st halving= 112x, 2nd halving=30x)
oguzozder4
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@DarkQuinn, owww I get it now, by halving you mean the time it broke its previous ath right? halving is something else.
DarkQuinn
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@oguzozder4, halving as in block reward for mining new bitcoin is halved. I've looked up the numbers, there's a relatiopnship between the first 2 halvings, it would make sense for the 3rd to follow the pattern
is irreal need a lot of new money in this old ponzi to this start other bull cycle
but who know...this is crypto-unregulated
in 60k was overpriced for slow old token 1.0 blockchain
tether was printing usdt of the air for buy btc
and backup that shitcoin usdt