✳️ Kadena | Bull Market vs Bear Market, Present vs Past
From January 2021 through November 2021 Kadena vs Bitcoin (KDABTC) went through a massive bull-market, 12,982%. All this action in 300 days.
From November 2021 through October 2023 Kadena vs Bitcoin (KDABTC) went through a long, nasty bear-market, 96.88% total correction. We went through hundreds of these charts earlier this year and late last year, the Altcoins tend to correct between 93 and 98%. All this in 712 days.
➖ The bull-market lasted 300 days.
➖ The bear-market lasted 712 days... Not fair... Sorry, I mean to say, "the bear market lasted more than twice as much".
300 Days would put us around August 2024, that can be the time when the next bullish trend/bull-market for KDABTC ends.
I am thinking mid-2024 and all throughout 2024 for the Altcoins to peak and hit new All-Time Highs. There will be tons of variations because we now have so many Altcoins.
Anyway, this pair is bullish and looks good.
Namaste.
From November 2021 through October 2023 Kadena vs Bitcoin (KDABTC) went through a long, nasty bear-market, 96.88% total correction. We went through hundreds of these charts earlier this year and late last year, the Altcoins tend to correct between 93 and 98%. All this in 712 days.
➖ The bull-market lasted 300 days.
➖ The bear-market lasted 712 days... Not fair... Sorry, I mean to say, "the bear market lasted more than twice as much".
300 Days would put us around August 2024, that can be the time when the next bullish trend/bull-market for KDABTC ends.
I am thinking mid-2024 and all throughout 2024 for the Altcoins to peak and hit new All-Time Highs. There will be tons of variations because we now have so many Altcoins.
Anyway, this pair is bullish and looks good.
Namaste.
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