Everyone says that history is surprisingly similar, but while sighing at this sentence, one’s judgment is always affected by a little “dissimilarity”.

The Bitcoin price from 1.55 to 7.3 can be regarded as the bull market from 2018 to June 2019, and both occurred before the halving.

As for the differences between the two market trends:

The rebound high and the market continuity, the 18-19 market rebounded for half a year, and did not break the bull market high of 1.9 at the end of 2017. And this wave from 1.55 to 7.3 lasted for more than a year, and broke the bull market high of 6.9 the year before.

The reason for this is actually very obvious: the funds brought in by ETFs have made Bitcoin hard and long-lasting.

The similarities are here again:

In June 2019, Bitcoin rebounded to the bull high of 1.4, and then started a 9-month oscillating decline, bottomed out at 312, and started the main bull market uptrend.

Now, Bitcoin has only fluctuated and fallen for 7 months from 7.3 in March at the beginning of the year to October now. And compared with the former, the monthly K is obviously much stronger.

There may be a "hidden" difference here, "the half year after Bitcoin halving is the main rising wave of the bull market", which is now. #6万保卫战 #特朗普当选概率上升 #9月美国CPI实现6连降 #CPI&PPI来袭，美国通胀升还降？