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The_Arena_Trader
Jan 14, 2021 4:21 AM

Bitcoin: Now and Then 

Bitcoin / U.S. dollarBitstamp

Description

I'm not a crypto hater by any means, and I hope this thing remains bullish all year and hits 100K.

However, hopes and dreams are not as important as what the chart reveals. Nothing is more important than the chart. This chart is telling me to pay attention to the current Bitcoin correction.
Comments
trader335534
Fractals is not a valid trading strategy.
STephanOZ
you post these charts because you don't understand what is bitcoin and how it works !!
Caprison
I have to say.. the overall market sentiment is a whole lot different from the 2018 highs and where we are today. Many were thinking BTC is fraudulent back in 2018. Institutions were like tf is bitcoin? Nowadays? Not so much...
MartyBoots
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MartyBoots
Great idea
Mrrobotoo1
But we also have this thing called.... COVID-19. You may have heard of it.
eemansaleem
Although, the difference is there were not a lot of institutional investors back in 2018.
CryptoShamaan
@eemansaleem, im not so sure there are that many now... its like 1% of the market cap as far as i can tell
Conquad
@TheZone, try 99%
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