When you think you are late, you probably aren't.
I'm talking about investing in the exponential age of course.
Let me give you an example.
Do you know what this chart is?
Right now most groups are still accumulating coins. That's good for a sustained #Bitcoin rally.
As long as we don't enter a blue zone, there is no reason to worry about the price action.
See for yourself 👇
#Bitcoin after the Halving
Mar. 17, 2021
309 days after the 3rd halving.
#BTC at $55,297.
There is no particular reason for the growth trajectory to follow the average line.
The only thing that matters is that the growth continues to be exponential.
#Bitcoin after the Halving
Jan. 06, 2021
239 days after the 3rd halving.
#BTC at $34,612.
I know it is still months away but who else is curious to see how close we'll get to $286,000 in October?
See the pinch of the growth range on Oct. 17 👇
Price range for Bitcoin in the 4th halving cycle:
upper bound ~ $4,500,000
lower bound ~ $140,000
That is *if* Bitcoin ends up following a growth trajectory in the range of the previous cycles.
1/ Good news. Compared to February, when #Bitcoin crossed $50k for the first time, the on-chain dynamic has changed:
🔵February, less and less people were accumulating.
🟠Now, more and more people are accumulating.
#Bitcoin after the Halving
May 16, 2021
369 days after the 3rd halving.
#BTC at $48,177.
It is never pleasant when the price action is bad in the short term.
So zoom out and think about the big picture. 📈🧐
#Bitcoin is above $60k. Of course that's not the first time.
There is a big difference though:
🔵 In March/April most people were selling the top.
🟠 This time most people are accumulating!
Probably nothing 👀
