Bitcoin's 'Bubble' Cycle More Bullish Than Amazon's Dot-Com Era Days

in dlike •  3 months ago 

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Bitcoin (BTC) recovered more swiftly from its bear cycles than Amazon did during the boom and bust of the dot com era, data from crypto analytics firm Messari reveals.

A comparison of the two reveals that Bitcoin’s breakout following crypto winter has been “extremely bullish” as compared with Amazon’s own tumultuous past, with Ceteris Paribus noting that the coin is “much further ahead than most people imagined in Dec. 2018.”


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