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Blocktrainer - Bitcoin Bildung & News
25 % Kursplus: Bitcoin verzeichnet besten August seit 2017
Bitcoin ist im vergangenen Monat um 25 % gestiegen und legte damit den besten August seit 2017 hin – obwohl der August ein historisch schlechter Bitcoin-Monat ist.
✖️ CryptoCon
Bear Market progress, according to average time, is at 84%.
"Since we're so close, why can't the cycle bottom already be in?"
Looking back at other August/Septembers in bear markets, you could have asked the same question. Only in hindsight do we know that price went lower.
Pressure is high to accept that the bull market is here.
While I could easily come up with a host of evidence as to why that's true, it would also mean these things:
- the cycle is broken
- the bottom was obvious and "everyone" was right
- the cycle bottom data that hasn't been fufilled will not be
And maybe that's how it is this time around, but that's not what I'll be betting on.
Bear Market progress, according to average time, is at 84%.
"Since we're so close, why can't the cycle bottom already be in?"
Looking back at other August/Septembers in bear markets, you could have asked the same question. Only in hindsight do we know that price went lower.
Pressure is high to accept that the bull market is here.
While I could easily come up with a host of evidence as to why that's true, it would also mean these things:
- the cycle is broken
- the bottom was obvious and "everyone" was right
- the cycle bottom data that hasn't been fufilled will not be
And maybe that's how it is this time around, but that's not what I'll be betting on.