2019 vs 2023: Analyzing The Market Structures | CoinMarketCap

  • 📰 CoinMarketCap
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The crypto market started 2023 on a bullish note — Bitcoin went up by almost 40%, while many altcoins experienced over 100% gain in value. In today’s article, we will compare the current BTC price action to the one back in 2019. Let’s dive in! 🔎

!). At that point, it would hardly be a bear market rally anymore, and we would likely see new all-time highs. Perhaps an overly optimistic scenario, but one worth mentioning, nonetheless.

If Bitcoin repeats its move price-wise, we are already getting close to the peak of this bear market rally, at $26,200. This seems like a reasonable target, judging from the price action over the past few days. This level did not have much importance in 2019’s bear market rally but did play a big role in the correction that followed. 2018’s price floor was also a critical area from where prices bounced before the famous COVID correction in 2020. All in all, we can conclude that bear market price floors can play a big role in the coming years.All in all, all these different scenarios have merit, though one may have more than the other.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 290. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BB Babybali BabybaliToken Babybalibsc BabybaliArmy BabybaliTour BabybaliTravel BabybaliTrip BabybaliUnicorn BabybaliCommunity BabybaliCrypto BabybaliPump BabybaliGems Crypto Cryptocurrecy Investing Tranding CryptoNews Memecoin Altcoin BscGems BNB

Sorry to bother but……. hex

Thanks for sharing, 👍

apes Main Net is coming Get ready for your USDT to participate on apes Main Net.BOHRweb

In times of uncertainty, good fortune is closer than you think. Get your lucky cats tokens today and attract great luck Gettokens LuckyCats GoodFortune

Wait, I'll take my diving mask 🤿 🏊‍♂️

I hope so possible it

thats fake

This is exactly why I only trust ChiefraFba for signals and analysis

Th­e­ b­i­g­g­es­t­ g­i­v­e­a­­w­a­y i­n t­h­e h­is­t­­o­ry o­­f t­h­e c­­r­­y­­p­t­­o­c­o­m­m­u­nity ))!! ­ 😊 ☝️ ☝️ ☝️

Nice one, I only listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!

Using Chiefrafba for signals and analysis I have a 92% win rate in 2 months

Australia Australia Latest News, Australia Australia Headlines