History is repeating before our own eyes and many still can't see it and yet just over a year ago we were looking at a $4,000 Bitcoin and many hesitate to buy as it was quote 'too expensive'.
the labels are well aligned in terms of relative chronology but in case of the current bull run, I see they are not placed on the right spots in terms of absolute chronology - e.g. correction time was actually around 20K, institutions going to enter/entering (true, some entered for a couple of weeks as they had plenty of free capital during a pandemic) was everywhere above the upper 40Ks. And from mid 50Ks, the market is fully controlled by Wallstreet that is eating as much of retail profits as possible, playing the cat/mouse game (same like they did during commodity bubble or previous crypto bubble/bullrun if you will). You understand the market sentiment very well. But you probably give too much credit to crypto "fundamentals" so your scale is a little bit overblown.
B4Baggio
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Actually, everyone is extremelly bullish already.
art91726
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This cycle ATH @400k ?
Trendbeat
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All labels ajusted to perfectly fit your current predictions and directional bias.