Like every day when I get up, I look at cryptocurrencies. Lo and behold, it fell. It didn't fall a little but a little more ๐
Historically, it has only taken a very short time for the price to double after breaking through the last all-time high.
In the 2013 cycle it took 3 months. In the 2017 cycle it lasted 11 months. In the 2021 cycle it lasted 8 months.
The last two cycles took 9 months. We are currently at 5 months. If something like the previous two happens, we would have a price of around $135,000 in July!
We broke out downwards. It's nice for us to buy cheaper. The event is getting closer and closer. It will be gigantic for us investors. Stay alert.