Four Charts Show the Peak of the Bull Run Hasn't Happened Yet!
After reaching the all time high, BTC and the majority of altcoins are in a correction trend. This condition makes the market shrouded in pessimism that the bull run is over. However, several graphs and charts actually refute this pessimism. A bull run is still possible! So what graphs show this hope? What does it mean? Find out the answer through the following article.Article Summary• The recent correction experienced by BTC and altcoins has given rise to some assumptions that the bull run may be over.• Several charts and graphs actually show that the recent correction is normal and also occurred in the previous cycle.• If we refer to the previous cycle, after the correction and sideways movement, BTC and altcoins experienced a recovery and started the peak of their bull run.• Apart from graphs and charts, on chain metric indicators such as true hashrate and short-term holder (STH) realized price are also in the initial position before the peak of the bull run in the previous cycle. #Binancetournament #bitcoin
Remember, the graph represents the weather, the graph determines whether the weather will be sunny or heavy rain, but if the graph deviates because of trivial things, this means that basically it cannot be predicted.