

CoinMafia
1.9K posts

@CoinMafiaio
Where tokens, tools, and attention converge across EVM. Building the infrastructure for the next generation of decentralized innovation.










The more I look into this the more It becomes clear. The similarities between 2019/2020 and now are impossible to ignore. Not only does the Bitcoin structure look the same, so does: - US liquidity - Business cycle - All of the wider market charts ETH/BTC, BTC.D, TOTAL2, TOTAL3, OTHERS and OTHERS.D All of them show the same market position as 2019/2020. And when you compare it closely, so does the Bitcoin chart. In 2019/2020 the same things happened, at pretty much exactly the same time. The reason it is important to differentiate this between a mini bear market like 2019/2020 and 2020 is because the recoveries are totally different. 2019/2020 bottom to new highs was 9 months. 2022 bottom to new highs was 16 months. This entire setup is so much more like a mid cycle correction than a full end of market bear market.




