SnarkyPuppy

The HobBitcoin: An Unexpected Consolidation

BITMEX:XBTUSD.P   Bitcoin
Removing the Hype of Altcoins, BTC Has generally ranged sideways in 2021 compared to BTC bull expectation.

Even if DEC & Nov rally to $80k, 2021 will come in below the average annual return -which is around 200%

Unexpectedly 2021 looks to be a consolidation year creating an opportunity for 2022 to be explosive.

comparing annual returns of consolidation years v Bull:

2016=125% 2017 = 1325%
2012=186% 2013 = 5507%

2020=330%

2021 = 100-150% 2022=???
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