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…
…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.