Ater analyzing the 2017 bull run, I came across this INSANE fractal.
You can see the 2017 price action in shaded white from may 2017 to july 2017.
Fundamentally, I don't think we entered a bear market at all. Corrections are usually lasting 30 days and approx -30/40%. We still see heavy buying from grayscale. Google trend show us that fomo has stopped at healthy levels and we have a lot of room for more people to join.
I think that this retrace is rly healthy for BTC and to be honest, I was expecting it wayyy earlier!
But don't let the bankers steal your bitcoins, HODL!
UP ONLY
You can see the 2017 price action in shaded white from may 2017 to july 2017.
Fundamentally, I don't think we entered a bear market at all. Corrections are usually lasting 30 days and approx -30/40%. We still see heavy buying from grayscale. Google trend show us that fomo has stopped at healthy levels and we have a lot of room for more people to join.
I think that this retrace is rly healthy for BTC and to be honest, I was expecting it wayyy earlier!
But don't let the bankers steal your bitcoins, HODL!
UP ONLY