RE: Unsurprisingly: market does the opposite thing I say!

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You keep talking about the setup in 2019 and comparing that to now, 2019 wasn't the start of the post halving bull market... apples and oranges my friend.



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It's all I have because in 2017 and 2013 absolutely nothing happened at this time of year. This is pretty uncharted territory.

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(Edited)

No it's not. This is pretty much the same price action we had back in late 2016 and early 2017. Bitcoin broke the old all time high around $1k and then continued to push higher with pullbacks along the way.

Check it out:

image.png

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Bitcoin was traveling on the doubling curve at that time.
It hit the curve in both January and March. First at $800 then $950
The curve is at $13k right now... so being x3 above it is quite different.
Most people point to the 2013 run, but even that started in April.

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The doubling curve isn't a hard and fast rule, been proven so several times. I prefer to stick to the patterns created in previous bull market cycles than the doubling curve you are going with.

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