Based on historical trading data, bitcoin has no entered the acceleration phase.
Check it out:
(Source: https://x.com/DefiWimar/status/1889361108953436271/photo/1)
The last several times this happened we saw massive moves in bitcoin and even bigger moves in altcoins.
Will history repeat again here?
I sure hope so!
STEEM is right where it was at this point 4 years ago.
Ironically it was right around $.17 $.18 before it started moving up bigly.
Here's to hoping we see history repeat again here!