Where are we now in the bull run? What does history tell us? Which phase are we in?
#1
Where are we now in the bull run? What does history tell us? Which phase are we in?

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/qc53rj/where_are_we_now_in_the_bull_run_what_does/"> <img src="https://b.thumbs.redditmedia.com/dqPNmh7a94ViAHKxedtTDfKiKpghZmvn8Vjk9GPhyjQ.jpg" alt="Where are we now in the bull run? What does history tell us? Which phase are we in?" title="Where are we now in the bull run? What does history tell us? Which phase are we in?" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>As we get further along in the bull run, and gather more information, the fog begins to lift and we can get a better idea of where we are.</p> <p>Back in May, a lot of people thought we had already gone through the final phase of the bull run, and some people said we were in 2018 2.0.</p> <p>I had serious doubts about that, having been through bull runs before. Never seen a crypto bull run being that short. Considering they keep getting longer, and with more adoption, more institutional investors, and increasing interest, it didn't add up.</p> <p>Plus, in past runs, people have always been premature at calling the peaks. Myself included. I called it about 3 times too early back in 2017.</p> <p>Here is where we are now:</p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/z8ufs94psmu71.jpg?width=953&amp;format=pjpg&amp;auto=webp&amp;s=84c8d0199b3b21b6544c0fa8c4172fef98965652">2021</a></p> <p>If the past is any guide, we know that there has consistently been double peak formations, inaugurating each bull run with a first peak, followed by a crash. Then the real bull run starts after that.</p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/nc5orxojvmu71.jpg?width=890&amp;format=pjpg&amp;auto=webp&amp;s=cf25b0d31bf99fce5c085ca71e6ee8a4013d43b9">2011</a></p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/lvz5kjanvmu71.jpg?width=837&amp;format=pjpg&amp;auto=webp&amp;s=6f52e6300dd860713a4624d2ff28217524549303">2017</a></p> <p>The most pronounced double peak was in 2013</p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/m37g5uapvmu71.jpg?width=888&amp;format=pjpg&amp;auto=webp&amp;s=2a0aaa0de52b82d21634a4de69ba783cdb368ece">2013</a></p> <p>And it looks like we might be set to repeat this stronger double peak market:</p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/0d2mlaoqtmu71.jpg?width=451&amp;format=pjpg&amp;auto=webp&amp;s=0d8cd962e0bee8ff5c2cb6ab154a7429549d0f33">https://preview.redd.it/0d2mlaoqtmu71.jpg?width=451&amp;format=pjpg&amp;auto=webp&amp;s=0d8cd962e0bee8ff5c2cb6ab154a7429549d0f33</a></p> <p>In the phases of a bull run, this might put us right after the bear trap, after the first sell off.</p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/p9sk5vqoumu71.png?width=640&amp;format=png&amp;auto=webp&amp;s=69c7c9505c075544652ba6d1b1262f58fd1d464a">https://preview.redd.it/p9sk5vqoumu71.png?width=640&amp;format=png&amp;auto=webp&amp;s=69c7c9505c075544652ba6d1b1262f58fd1d464a</a></p> <p>If 2017 is any guide, we still have to go through the crypto craze phase, where crypto has its own version of Beatles mania. Where the media shifts the story from regulation and criminal activity, to instant millionaires and lambos.</p> <p>This is still just a theory.</p> <p>Remember, nobody knows shit about fuck.</p> <p>But as we get more information as we get further along in this bull run, we can get a better idea of where we are. Or develop better theories.</p> <p>At least we know that we are not currently in a bear market, and May wasn't 2018 2.0. And if that's the case, history tells us that we may have only inaugurated the bull run.</p> <p>Things are just getting started.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/fan_of_hakiksexydays"> /u/fan_of_hakiksexydays </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qc53rj/where_are_we_now_in_the_bull_run_what_does/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qc53rj/where_are_we_now_in_the_bull_run_what_does/">[comments]</a></span> </td></tr></table>Kind Regards R
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  Bitcoin price can go ‘full bull’ next month if 200-week trendline stays Dato 0 116 08-07-2023, 10:32 AM
Last Post: Dato
  Art, history and Bruce Lee in the metaverse, food brands use NFTs: Nifty Newsletter Dato 0 139 08-03-2023, 06:45 AM
Last Post: Dato
  Bitcoin due key MACD bull flag repeat as BTC price freezes at $29.3K Dato 0 91 07-31-2023, 06:43 AM
Last Post: Dato
  The Sandbox and the British Museum bring art and history to the metaverse Dato 0 128 07-29-2023, 06:31 AM
Last Post: Dato
  Bitcoin bull run next? Bitfinex stablecoin ratio ‘blows up’ in 2023 Dato 0 121 07-27-2023, 12:42 PM
Last Post: Dato



Users browsing this thread: 1 Guest(s)