Dare I say...this cycle has hardly even started
According to the monthly On Balance Volume from '13 through '17, it took 1065 days for it to reach and break higher than 2013's OBV high and 182 days after that to revisit & bounce out of that zone indefinitely. Between '17 and now, we saw the OBV reach 2017's high again at 1065 days, and we've since revisited it and, again, we are breaking 182 days now. This puts us at an April of 2017 equivalent.
Monthly RSI has only been lower than it is now for 600 days out of Bitcoins 4000 days since inception, and the monthly MFI has only been lower than it is now for 150 days out of Bitcoin's 4000 days since inception.
Strictly speaking on behalf of the monthly OBV history between '13 and '17 and how long it took to test, retest, and leave previous cycle's highs, this is a good time to get in. Historically speaking, we're at April of 2017.
End of the day, who the f knows. If you were buying from january-april and you aren't now, you're just another victim of the market.
Monthly RSI has only been lower than it is now for 600 days out of Bitcoins 4000 days since inception, and the monthly MFI has only been lower than it is now for 150 days out of Bitcoin's 4000 days since inception.
Strictly speaking on behalf of the monthly OBV history between '13 and '17 and how long it took to test, retest, and leave previous cycle's highs, this is a good time to get in. Historically speaking, we're at April of 2017.
End of the day, who the f knows. If you were buying from january-april and you aren't now, you're just another victim of the market.
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