Undoubtedly, a very strong downtrend since May 2021 (Feb. 2017). 2021 was the previous bull-market bull-run year, after the 2020 Bitcoin halving (2017 was bull-market year, after the 2016 Bitcoin halving).
Digibyte (DGBBTC) started growing March 2020.
We are about to enter March 2024, the Bitcoin halving event year. 2025 can be this bull-market bull-run year.
Looking at past history, DigiByte can start growing March 2024 all the way through the year 2025. Not straight up of course, there will be waves; up and down, up and down... But it should be long-term growth based on higher highs and higher lows.
➖ Looking back to 2017, already 7 years ago; DGBBTC grew by 14,726% within 30 days (3 months).
Now, DigiByte just hit a new All-Time Low last week, hitting the lowest level in 7 years.
The potential is for a massive bullish wave.
I mapped some of the short- to mid-term targets on the chart but we can aim high based on this bottom signal.
👉 There is potential for 2,375%, 5,330% or even 6,770%.
While this might sound like a lot, many Altcoins already produced such growth and we are not even in mid-2024.
Between 2024 and 2025, growth for many pairs will go off the chart.
Anyway, once we hit bottom; Buy and hold.
Namaste.
Trade active
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This is it... Friendly reminder.
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One of our long-term favorites... It is moving now. There is plenty of room for DGBBTC to grow. This is a good one to protect capital during the correction.
Thanks for your continued support. It is my pleasure to be sharing knowledge and experiences with you long-term.