During the multiple legs of the parabolic phase, we can see the prices of
majors double and double again in a matter of months.
The bear market PTSD is strong and every 3-5% retrace will be met with loud voices calling tops.
Dips be for buying frens.
You don’t get much better HTF setups than right now.
Everyone is scared to buy the top right now and that is why it will keep going higher.
After a few massive weekly green candles we may get some chop and consolidation and folks upset they didn’t buy now.
This is the beginning part of the HTF parabolic phase in the cycle, the bears will be calling tops every move up after some minor consolidation.
Its when they stop calling tops that you should question momentum, not when they keep shorting every move.
Hey @cburniske still think total crypto mcap tops out around 10 trillion this cycle?
I think Bitcoin has a fair enough shot at this point to end up at 10T+ itself this bull market, only about 4x away now.
In a world where gold is well over 20T this seems likely to me.