AlanSantana

✳️ Kadena | Bull Market vs Bear Market, Present vs Past

Long
BITTREX:KDABTC   Kadena / Bitcoin
From January 2021 through November 2021 Kadena vs Bitcoin (KDABTC) went through a massive bull-market, 12,982%. All this action in 300 days.

From November 2021 through October 2023 Kadena vs Bitcoin (KDABTC) went through a long, nasty bear-market, 96.88% total correction. We went through hundreds of these charts earlier this year and late last year, the Altcoins tend to correct between 93 and 98%. All this in 712 days.

➖ The bull-market lasted 300 days.
➖ The bear-market lasted 712 days... Not fair... Sorry, I mean to say, "the bear market lasted more than twice as much".

300 Days would put us around August 2024, that can be the time when the next bullish trend/bull-market for KDABTC ends.

I am thinking mid-2024 and all throughout 2024 for the Altcoins to peak and hit new All-Time Highs. There will be tons of variations because we now have so many Altcoins.

Anyway, this pair is bullish and looks good.

Namaste.

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