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It looks similar to 2016

lieutenantdan - 2024-03-30 23:23:03

The current setup seems most like the 2017 bull market


Bitcoin currently looks a lot like the setup we saw in late 2016, and through 2017.


Do you see the similarities?


image.png


(Source: https://twitter.com/el_crypto_prof/status/1774182525688017350/photo/1)


If history repeats we have a long ways to go still.


We could run through this year and into next even.


That seems like a really long bull market, but that is what the charts show.


We will have macro tailwinds as well with rate cuts etc.