There are a few differentiating factors when it comes to the 7 month accumulation that occurred after the initial move upwards after FTX in 2023. > Psychologically the market…
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There are a few differentiating factors when it comes to the 7 month accumulation that occurred after the initial move upwards after FTX in 2023. > Psychologically the market scar was deep with a lac…
There are a few differentiating factors when it comes to the 7 month accumulation that occurred after the initial move upwards after FTX in 2023. > Psychologically the market scar was deep with a lack of systemic trust. > Spot ETFs were not live and the resulting move upwards was driven by ETF listings. History rhymes but the dynamics here are different I don't view this current accumulation phase lasting for 7 months. The debasement trade is back on and any uncertainty clearing events I expect demand to kick back in. You had a full year to bear post. Now is not the time. $BTC
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