01-12-2021, 05:42 PM
Last time bitcoin had its first retrace after breaking all time high, it was the beg
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/kv1zjb/last_time_bitcoin_had_its_first_retrace_after/"> <img src="https://a.thumbs.redditmedia.com/-fRd9RAjbMFyKNQxX1NdsWo253WRyh7tz3NsqKtRTU0.jpg" alt="Last time bitcoin had its first retrace after breaking all time high, it was the beginning of a massive Altseason." title="Last time bitcoin had its first retrace after breaking all time high, it was the beginning of a massive Altseason." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Febuary 17th 2017, Bitcoin had its first dump after breaking its previous ATH.</p> <p><a href="https://preview.redd.it/8290ar468pa61.png?width=1848&format=png&auto=webp&s=e9a740a6a15d8135f4d7b860b71c164d953152cf">https://preview.redd.it/8290ar468pa61.png?width=1848&format=png&auto=webp&s=e9a740a6a15d8135f4d7b860b71c164d953152cf</a></p> <p>What followed was perhaps the biggest alt season of all time in terms of percentage of total market-cap taken.</p> <p>​</p> <p><a href="https://preview.redd.it/spjpqrc78pa61.png?width=1846&format=png&auto=webp&s=b16fd49331996c3dd7f4f3ec8b0c471b63b56b51">https://preview.redd.it/spjpqrc78pa61.png?width=1846&format=png&auto=webp&s=b16fd49331996c3dd7f4f3ec8b0c471b63b56b51</a></p> <p>The run was so insane that towards the peak, Ethereum came ridiculously close to flipping bitcoin. Bitcoin dominance was 37% while Ethereum dominance was 31%.</p> <p>​</p> <p><a href="https://preview.redd.it/ohvdv7mh8pa61.png?width=2323&format=png&auto=webp&s=21504d1470a4b1dcef1f9a6c7b8fb12ef7c9c148">https://preview.redd.it/ohvdv7mh8pa61.png?width=2323&format=png&auto=webp&s=21504d1470a4b1dcef1f9a6c7b8fb12ef7c9c148</a></p> <p>You could argue that this pump layed the foundation for alternative networks to be taken seriously in the eyes of investors.</p> <p>​</p> <p>Bitcoin is currently dumping for the first since it broke all time high in this run. Will the same thing happen again!?.... crypto will sometimes repeat history perfectly and crypto will sometimes do something completely different.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Oxygenjacket"> /u/Oxygenjacket </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kv1zjb/last_time_bitcoin_had_its_first_retrace_after/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kv1zjb/last_time_bitcoin_had_its_first_retrace_after/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/kv1zjb/last_time_bitcoin_had_its_first_retrace_after/"> <img src="https://a.thumbs.redditmedia.com/-fRd9RAjbMFyKNQxX1NdsWo253WRyh7tz3NsqKtRTU0.jpg" alt="Last time bitcoin had its first retrace after breaking all time high, it was the beginning of a massive Altseason." title="Last time bitcoin had its first retrace after breaking all time high, it was the beginning of a massive Altseason." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Febuary 17th 2017, Bitcoin had its first dump after breaking its previous ATH.</p> <p><a href="https://preview.redd.it/8290ar468pa61.png?width=1848&format=png&auto=webp&s=e9a740a6a15d8135f4d7b860b71c164d953152cf">https://preview.redd.it/8290ar468pa61.png?width=1848&format=png&auto=webp&s=e9a740a6a15d8135f4d7b860b71c164d953152cf</a></p> <p>What followed was perhaps the biggest alt season of all time in terms of percentage of total market-cap taken.</p> <p>​</p> <p><a href="https://preview.redd.it/spjpqrc78pa61.png?width=1846&format=png&auto=webp&s=b16fd49331996c3dd7f4f3ec8b0c471b63b56b51">https://preview.redd.it/spjpqrc78pa61.png?width=1846&format=png&auto=webp&s=b16fd49331996c3dd7f4f3ec8b0c471b63b56b51</a></p> <p>The run was so insane that towards the peak, Ethereum came ridiculously close to flipping bitcoin. Bitcoin dominance was 37% while Ethereum dominance was 31%.</p> <p>​</p> <p><a href="https://preview.redd.it/ohvdv7mh8pa61.png?width=2323&format=png&auto=webp&s=21504d1470a4b1dcef1f9a6c7b8fb12ef7c9c148">https://preview.redd.it/ohvdv7mh8pa61.png?width=2323&format=png&auto=webp&s=21504d1470a4b1dcef1f9a6c7b8fb12ef7c9c148</a></p> <p>You could argue that this pump layed the foundation for alternative networks to be taken seriously in the eyes of investors.</p> <p>​</p> <p>Bitcoin is currently dumping for the first since it broke all time high in this run. Will the same thing happen again!?.... crypto will sometimes repeat history perfectly and crypto will sometimes do something completely different.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Oxygenjacket"> /u/Oxygenjacket </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kv1zjb/last_time_bitcoin_had_its_first_retrace_after/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kv1zjb/last_time_bitcoin_had_its_first_retrace_after/">[comments]</a></span> </td></tr></table>Kind Regards R