DigiByte | Lowest Price In 3,555 Days (Since 2014)

9월 8일

The only time that DigiByte traded at a price lower than now was more than 10 years ago, before November 2014. This means that we are currently seeing the lowest price in 10 years... The chart is a showing a very strong, long-term bullish falling wedge pattern.

Good evening my fellow traders, we are entering a very interesting and volatile week.

First, let's peak into the past. In 2017, DGBBTC produced a "modest" growth wave of 16,771%, in the short period of 84 days, Bitcoin was simply moving straight up, the market was much smaller back then and this event lifted everything up.

In 2021 DGBBTC peaked, a bullish wave that started after a major low in 2019 produced a total of 4,900% growth. Amazing numbers. The entire process lasted 630 days.

The fact that the market is so dynamic and young, makes it really hard to make a prediction as to the upcoming top. How far up can DGBBTC go in 2025? That's the question that will be left unanswered.

We can make highly accurate projections on the Tether (USDT) side of the market, but with Bitcoin, anything goes.

The good news is that later down the road, as the bull-market develops in 2025, we will get a better picture and might even be able to determine how far up this pair will go by seeing how the other pairs are moving.

Right now we have mainly two targets:

1) The conservative target sits around 1,050% or 139 sats (0.00000139).

2) The strong target sits around 462 sats (0.00000462) or 3,770% growth from current levels.

3) The unexpected can also happen, this and other pairs can grow 10,000%, who knows... The Cryptocurrency market tends to surprise.

Just as we can hit new major lows in a bear-market, new major highs can be hit in a bull-market.

How far up it goes will remain a question market; what we do know is that the bottom is in, or is very close. Once we hit bottom, we can only go up.

Prices are really low right now, the lowest in 10 years. This is a safe pair to buy and hold. It is super safe for long-term, it has been around for so long and it continues to mature, to grow and evolve.

Prepare for massive growth in 2025 and maybe even in late 2024.

Namaste.