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The bitcoin bear market is not new
Historically, bitcoin has already experienced several bear markets:
• after 2013
• after 2017
• after 2021
Each time:
1. strong increase
2. severe drop (-50 to -80 %)
3. long period of consolidation
4. new bullish cycle (bull market)
$BTC $ETH $SOL
The bitcoin bear market is not new
Historically, bitcoin has already experienced several bear markets:
• after 2013
• after 2017
• after 2021
Each time:
1. strong increase
2. severe drop (-50 to -80 %)
3. long period of consolidation
4. new bullish cycle (bull market)
$BTC $ETH $SOL
$BTC $TAO $ETH explosion of altcoins
Binance News
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Market Sentiment! CoinMarketCap's Altcoin Season Index Rises to 52
The Altcoin Season Index from CoinMarketCap rose from 49 to 52 yesterday. According to NS3, the platform defines the Altcoin Season as a period in which 75% of the top 100 cryptocurrencies (excluding stablecoins and wrapped tokens) outperformed Bitcoin over the past 90 days.
$TAO $RENDER $SOL continue the parabolic explosion 📈🚀🚀🚀 goes to the moon
$TAO TAO exploded because :
1. global hype around AI
2. rare token (21M max)
3. subnet innovation
4. few comparable projects
5. accumulation by investors
When some crypto funds started accumulating TAO, the supply in the market became very low.
In cryptos :
• low liquidity
• limited supply
➡️ this can cause very strong price increases.
1. global hype around AI
2. rare token (21M max)
3. subnet innovation
4. few comparable projects
5. accumulation by investors
When some crypto funds started accumulating TAO, the supply in the market became very low.
In cryptos :
• low liquidity
• limited supply
➡️ this can cause very strong price increases.
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