Post by: newshunter on August 09, 2020, 01:00:37 AM
As the price of Bitcoin consolidates under a key resistance level, on-chain data show an optimistic trend.
Source: Bitcoin Market ‘Much Different Now’ as New BTC Wallets Approach 2017 Highs (https://cointelegraph.com/news/bitcoin-market-much-different-now-as-new-btc-wallets-approach-2017-highs)
Would appreciate your opinion about this
Post by: TomPluz on August 09, 2020, 11:46:52 AM
The Bitcoin is always innovating and therefore an ever-changing organism on its own. The things that happened in 2017 are now part of its history and though history has this perennial tendency to repeat itself I am agreeing that in 2020 things are quite not the same. I am sure it would be on the same nature this 2021. Bitcoin is never a static thing, we are always moving, maybe sometimes gradually and sometimes very drastic.