Let’s be real. This time IS different.

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Since January 1st of 2021, the big orange coin has only traded below $30,000 eight times.

Since January 1st of 2021, the big orange coin has only closed below $30,000 twice.

During the 2017 run’s parabolic phase (December 1st to February 1st), the big orange coin traded below $10,000 four times

During the 2017 run’s parabolic phase, the big orange coin closed below $10k once.

So in 2021, the orange coin only closed below $30k TWICE in 268 days.

In 2017, it closed below $10k once, BUT that was only in a span of 62 days.

Extend that another month (90 days total) and it closed below $10k SIXTEEN times.

Conclusion: We either haven’t hit the mania/parabolic phase in this run yet…

OR

…we aren’t going to because that phase doesn’t exist anymore (translation: the orange coin has become more stable now).

Granted, there’s always a chance that I don’t know shit about fuck.

Thoughts?

submitted by /u/wheelzoffortune
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