$SUI / $BTC chart is still one of the cleanest out there.
- Mill City Ventures announced a new $450M SUI treasury strategy last week.
- SUI TVL hit new ATHs last week
- DEX volume hit a new ATH in July
Still a huge opportunity gap in the monolithic L1 space. Don't fade momentum.
Think we see L1 ecos cook when BTC makes the next leg up.
Only a matter of time.
#Bitcoin / $BTC
Up only szn is almost here.
Each bull markets saw significant acceleration higher at inflection points tracing back to trendlines touching previous cycle's highs.
Let's take a look.
Example 1: 2011 - 2014
Example 2: 2013 - 2017
Example 3: 2014 - 2021
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Looking back at the first chart I shared of recent price action, Bitcoin recently was reject precisely at the inflection point tracing back to the 2017 - 2021 bull market highs.
Bears will try and convince you the top is in and the bull market is over, when in all reality - the real fun hasn't even started yet.
Be more bullish.
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