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Content
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Cryptorank pfp
Cryptorank
@weekly
Are long sideways price action a curse or blessing for BTC? TLDR: blessing. Why? If price of BTC goes parabolic, all metrics will get overheated fast. Most important one - huge amount of unrealized profits (NUPL, MVRV) which turns into a giant overhand ready to crash. But when BTC takes pauses in parabolic run, the market starts cooling off. The sell outs avoid flipping into bearish panic dumps. As a result, BTC corrections this cycle are at lowest level in history of Bitcoin cycles. The harder the pump, the harder the dump which follows.
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Farshidโ“‚๏ธ pfp
Farshidโ“‚๏ธ
@farshiid
Great inf Tnx mate 342 $DEGEN
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Sadr
@sadr
๐Ÿ‘Œ๐Ÿป๐Ÿ‘Œ๐Ÿป
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Fernando
@fernandosun
59 $DEGEN Gift ๐ŸŽ for you
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