The Bitcoin bullish megaphone is playing out again! As the Price is rapidly closing in on $60,000. Already you can see the FOMO finding it's way back into the market. In my opinion, Bitcoin is still playing out similarly to the 2017 cycle. Only this time, dips are shallower, and the rise is steeper. The intricate dance of the market, echoing patterns of the past while paving the way towards new heights. I dont know what to call this except fascinating times indeed.
How high do you think it can go?
Now you can say similarities between this cycle and past cycles but when this bull run continues to expand and the market becomes hotter and hotter, you will read more narratives like "This time will be different".How high do you think it can go?
It's true, nothing can be the same 100% but this "This time will be different" means they make this narrative, shill it around to distort people thinking that Bitcoin will not stop rising in this bull run.
Past cycles show that a Bitcoin cycle has like less than 2 years for bull and more than 2 years for bear. This time will be different does not help Bitcoin to avoid a bear market so be prepared for it and don't forget to take profit.