Even though the current BTC price action looks extremely bullish and almost everyone in the community is currently losing their minds, I cannot help but think that this could still be a potential bull trap until we confirm otherwise. What you have to keep in mind is that it is extremely probable based on historical price action that we are not following a...
We are likely to have one more leg down followed by a small rally. After that we will probably enter an extremely boring market until late spring - early summer next year. In every BTC bull market cycle we have had 2 mini bubbles before we reach all time highs. We recently experienced the peak of the first mini bubble, topping out at the 61.8% Fibonacci level. The...