Absolutely beast set up, gigantic IHS + BF + C&H (depending on preference & timeframe), bullish divs with breakout and retest also very coiled up with volume profile supporting the breakout
Why overcomplicate? This has been coiling for over 4 years, lawsuit is bullshit, metrics like acc wallets, issuance, volume incentives going down, growing more decentralized everyday AND used at enterprise level... Also airdrop-era is upon us, 2022 I think we will see more airdrops than we ever have (EX. SPARK, SGB, SOLO, EXFI, etc) this inevitably creates more...
DXY saying hello to massive supply zone while struggling with a case of bearish divergence. lots of capital will flow out of dxy and into crypto & s&p500. it will flow into crypto at a faster relative rate than S&P500
We have to give up this 4y bear/bull market narrative!
I know that statistically we have samples of the bull/bear markets. But so did the internet, till it didn't. Bubbles help adoption, the extreme macro swings is what gets the Eco-chambers of adoption rattling.
Eventually I would think that we are going to pre-run future cycles from the anticipation of them.
