Btcnews on Nostr: Summer 2020 The maximum pain was - Overleveraged and liquidated in liquidation ...
Summer 2020
The maximum pain was
- Overleveraged and liquidated in liquidation waterfalls (there were 3 times, $700M each time)
- Deeply maintaining bad alts
- Out of money when summer ended and the Crypto BullRun began in Q4 2020
Halving summer 2016-2020 with the same pattern:
- First pullback right after halving
- Mini rally in mid-summer
- The bullish rally began in the fourth quarter
History will repeat itself
Published at
2024-06-18 15:30:29Event JSON
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"content": "Summer 2020\n\nThe maximum pain was\n\n- Overleveraged and liquidated in liquidation waterfalls (there were 3 times, $700M each time)\n\n- Deeply maintaining bad alts\n\n- Out of money when summer ended and the Crypto BullRun began in Q4 2020\nhttps://image.nostr.build/ef84385fa2676fcc933addcaab0562a37df9ecd94643ad46e9c70bb09dcb3a30.jpg\nHalving summer 2016-2020 with the same pattern:\n\n- First pullback right after halving\n- Mini rally in mid-summer\n- The bullish rally began in the fourth quarter\n\nHistory will repeat itself",
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