Recently, some people in the market have started comparing the current Bitcoin price trend with 2022.
Although short-term price patterns may seem somewhat similar, in the long run, such comparisons are completely absurd. Whether from long-term price patterns, macroeconomic background, or the composition and structure of investors' holdings, the underlying logic has undergone a fundamental change.
One of the biggest mistakes when analyzing and trading financial markets is to focus only on short-term, superficial statistical similarities while ignoring the long-term, macro, and fundamental driving factors.
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Recently, some people in the market have started comparing the current Bitcoin price trend with 2022.
Although short-term price patterns may seem somewhat similar, in the long run, such comparisons are completely absurd. Whether from long-term price patterns, macroeconomic background, or the composition and structure of investors' holdings, the underlying logic has undergone a fundamental change.
One of the biggest mistakes when analyzing and trading financial markets is to focus only on short-term, superficial statistical similarities while ignoring the long-term, macro, and fundamental driving factors.