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Bitcoin Bull Market: Comparing 2020 against 2016

Written by @blackmambaventures | Published on 2020/11/27

TL;DR
Bitcoin broke a series of resistances from strong to weak, and is now approaching the 20k $ / BTC mark. This time and what's happening reminds me of Cycle Theory, as well as the uptrend of 2016 - 2017, simply because the market can change, but human psychology is the same. We will look back at the two phases: 2016-2017 and the current period, so that investors can draw their own conclusions about what to do when the market is in the FOMO phase.

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Written by
@blackmambaventures
Black Mamba is a venture capital fund for projects with the potential to become the Unicorns

Topics and
tags
bitcoin|trading|money|bitcoin-spotlight|bitcoin-maximalism|bitcoin-adoption|bitcoin-trading|hackernoon-top-story
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: _ZvGN5yrUjdOTlHfjDuIgDcM0_loQYDC93VYsKjaNyI