Here is one interesting article from Billy Bambrough of Forbes website. He specifically mentioned that as per data analysis the Bitcoin price behaviour of Bitcoin today is similar to that of 2017 when it rallied to its all time high of $20,000 mark.
"Our current level of reserve risk is equivalent to where we were in the early part of 2017," Hans Hauge, senior qualitative researcher at crypto investment fund Ikigai. The analysis is based on the so-called bitcoin days destroyed technical metric, referring to how often tokens are moved with higher prices tending to coincide with coins moving more often.
"[The Bitcoin] Crypto Fear and Greed [Index] is printing all time lows," Hauge said. "That's the exact thing you should be looking for if you're buying the dip for the long-term."
Here's the article for more information:
https://www.forbes.com/sites/billybambrough/2019/08/23/bitcoins-bull-run-could-be-just-getting-startedheres-why/#5297d4e65320
You can also catch me on Hyperspace
HyperSpace uses UBI (Universal Basic Income) principle to give all users FREE tokens every day. Tokens you can use to amplify other content and earn you more income.
Lot not looks this also ... when we go 6 years back in time... there was no bank or big corporation here in crypto world, but now everyone comes here... even Facebook is trying to make its own manipulated Crypto :)))
Exactly... Bitcoin and crypto has already changed a lot of industry and it seems it will continue doing that in years to come.
Yes ... this why I try look all time what this market do , and I try get also some steem here ... I see lot want use this soon. this how steemit and steem works is for me WOW.
Your level lowered and you are now a Red Fish!