Yeah because the markets in 2015 and 2018 are exactly the same and will play out as such /s
Clown TA
tylerphsin
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@Mastodonic_, I'd say market tends to repeat itself, we oversee it in crypto market because it's too volatile.
Mastodonic_
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@tylerphsin, It's a very myopic view of a complex ecosystem. First thing you learn when investing is: "past results are not indicative of future performance".
Only way the above scenario plays out is if the price of BTC goes on a huge run back towards 20k+ in the next couple months AND no new developments come from Ripple re. XRP
That's what everyone who shares these lazy fractal/repeat pattern charts is effectively saying. Or they're saying that XRP will arbitrarily dump back to sub 0.20c for no reason. Fun fact: XRP has never fully retraced its USD value when it makes a new ATH, it always holds a % of the new value in USD terms. Which means XRP will hold $1+ as a new floor. So to go back to the sub 5k sats range, BTC has to run hard.
Clown TA