Bitcoin’s False Spring: Historical Analysis & What Comes Next
<p>Bitcoin's recent price movement has excited everyone about the potential start of a new bull market. I don’t blame them. The mother token of cryptocurrencies is sitting at $27,000. The price has grown more than 40% in one week, and nearly 80% from its recent low in November 2022.</p>
<p>This excitement also feels eerily familiar. Personally, this is my third bear market. Each one is more interesting than the last. The first in 2015 was jarring, the second in 2019 was volatile, and the current bear feels like a rollercoaster I have ridden one too many times.</p>
<p>Nothing would make me happier than to have this be the start of the next run. Crypto is a large portion of my net worth and I prosper when it prospers. However, I’m here to preach caution, to help you build a parachute into your parabolic dreams; just in case this is a false spring.</p>
<p><a href="https://peasantforhire.medium.com/bitcoins-false-spring-historical-analysis-what-comes-next-4a3b87c6a36a"><strong>Learn More</strong></a></p>