These are consolidation periods.. moving from weak hands to strong hands. Bitcoin should never be compared to bubbles.
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These are consolidation periods.. moving from weak hands to strong hands. Bitcoin should never be compared to bubbles.
I completely agree with what you're saying, but I still think it's OK to call them bubbles. It's just how crypto moves. It goes up in bubbles and crashes, each landing one step higher than before.
I believe it's a bubble...but so far, one of the least widely held bubble. Most owners are still early adopters...next should be the institutional owners.