Cup my handle... BTC, a long term symmetrical dream?
From a meta perspective, where are we going? I think this is a clear outcome. Blockchain technology is not going anywhere, I almost guarantee it's going to get MUCH MUCH larger than anything we can comprehend from prior events. Triple tops, double bottoms. Then a trend reversal over the next few months until begin to see a massive bullish resurgence. Some would think we might have a cool off phase. I feel that there is just too much hype. Even now, with the bear in the air, we still have extremely high interest in the field. Projects will only be more developed and allowed to mature over time, which will lead to actual mainstream adoption. Of course, that will indicate massive undervalue and drive another price surge. I made this to remind myself that even in the grim, there is always two steps forward and one step back. Sometimes it's nice to just let the scroll wheel fly and zoom out. Remind ourselves that we're all early adopters, very few of these projects have any practical utilization outside of speculation right now. Keep in mind this game is just starting. Growing pains be damned.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.