In 2017 Bitcoin did almost X3 after it crossed the red line. Maybe this time only X2, who knows but I am confident we are still far from the cycle top.
X2/X3? try X7 or X8.
back in 2017 when we were stuck in a similar situation price was stuck below $3k and people were panicking that it could be the "end of bitcoin" since there was a huge fee spike and spam attacks were rampant.
This is what I'm thinking too. This bull run is very similar to what happened in 2017 when we broke the ATH of 1000 for the second time and went to 3k right away just to keep falling for more than a month from that point.
People don't remember now that we lost 30% back then which would be similar to a fall to 44 thousand from our current ATH. We fell to 47000 in that last correction. Looks similar? To me it sure does.
There still was no sharp almost 50% decline like when we fell from 20 to 11 thousand at the end of the 2017 bull market.
