Congrats everyone! BTC is back to HODL level on the BTC Rainbow Chart (aka BTC logarithmic regression)! Link in comments.

https://ift.tt/3xhZNvR is the chart that gives me the most hope that this isn't a true bear market, but just a temporary correction caused by market uncertainty.We just got back to HODL territory, and that means we're on track with what the price of BTC "ought" to be on average in a sustainable trend.If you're looking to sell or buy and didn't know about this chart, it's a straightforward tool to help know what price you're getting for your BTC.With that being said, smarter people than me recommend dollar cost averaging and getting into a market whenever you can vs waiting for a correction.Also, upvote any posts you want others to see here in r/cryptocurrency. Keep those downvote bots at bay!

Submitted August 01, 2021 at 04:23AM

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