RE: Where are we in the monthly chart?

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The projection is not stupid at all. We could have called a $40,000 BTC in January stupid and here we are.

I am in doubt though if this bull market will last for like a year or so and it won't be shorter lived. Some people on twitter seeing it relatively similar to the one of 2013.

If you take into account that in 2013 the retail somehow woke up to BTC and that now financial institutions are somehow replicating that in 2020 and 2021 it makes sense.

However this time we might have both financial and retail in play and that will probably drag the bull market on a longer period than in 2013.

One quote that I like is that there's no overbought in a bull market and no oversold in a bear market.

Posted Using LeoFinance Beta



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