MissHolderTrader1

Bitcoin: It is us who respond to an era not a historic rhyme

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
To those who say that "history may not get repeated but it rhymes" I should say our reaction as a whole is similar to our reaction in the past, because we are humans and we decide based on what seems rational to us. But there are unexpected things in the market which makes us react accordingly as well. COVID-19 was a big shock to the world. To expect the market to move as it did before COVID-19 is just naivety. Bitcoin will go up and this density will end when a new Halving has already occurred, which causes a new surge at the time.

Alt-coins are gonna have to separate their ways in someways, because some of them will meet the technological need on the Block-chain and some will have to accept lower prices and be displaced with some regular shit-coins.