RE: On average, Bitcoin surges 153% after correcting by 30% during the last Bull Market
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Past performance is somehow a poor predictor, especially when we talk about crypto. But as long as people are ready to spend hundreds of millions USD on BTC -- why would it fall?
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Past performance has been an extraordinarily good indicator of future price action in Bitcoin. Middle and small cap cryptos not so much. But Bitcoin has been amazingly regular. So regular that I would not personally bet against it.
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Yep, exactly. Well said.
I disagree tremendously. Bitcoin has repeated a very similar pattern to a T with regards to this bull market and past bull markets. Just look at the patterns. I mention them quite often in my posts.