Bitcoin Trading Has Fundamentally Changed

Bitcoin Trading Has Fundamentally Changed

BTC charts are doing something that they haven’t in the last 10 years of trading. Bitcoin trading started with very emotional non-financial traders in the market. We finally evolved to the hedge fund whale manipulation markets for the last 5 years. But now things are changing again. The type of bitcoin investor combined with the increase in M1 money supply has changed the way bitcoin is likely to behave in the forseeable future. There’s a case that bitcoin is severely undervalued and groups with money, the likes of which, BTC has never seen before is entering the market. There are signs that these buyers are already here since every dip is bought up and every drop turns into consolidation. We may not have the same market that we are used to and traders need to make adjustments or get left behind. We can see how the market has treated Amazon stock over the past decade to see similarities in trading behavior that bitcoin is starting to show. This will be a new bull market and will be filled with much more steady growth and consolidation if calculations hold true. Alt markets will remain the same, but bitcoin is forging a new path forward.

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