Some similarities between 2000 vs 2022
1. Before reaching ATH the index did a very sharp decline of 33%
2. It took the index 17 bars to reach an ATH vs 20 now
3. Found support on 40SMA after 9 months from ATH vs 7 now
4. Mass retail participation
5. .com mania vs crypto mania? (did luna just popped the bubble?)
6. Interest rates were falling back in 2000 vs...
Blowoff top could be coming if crypto continues it's run up. Fundamentals on-chain show serious ETH supply shock coming to help fuel this growth in price next 2 months.
Dear investors,
I'm also a user of the celcius network staking platform. and like most of you people i'm looking into buying some celcius tokens, to get more % on my crypto.
But looking at the growth of this project, i'm not really sure this is the moment to buy. Crypto is volatile and people tend to forget this sometimes.
I really don't know what's next for the...
