✴️ DigiByte vs Tether Long-Term | Bull, Bear, Bull (3,5k%-5,8k%)

6 Oca 2023

DigiByte hit an All-Time High late April 2021 vs Tether in a bull market that lasted 413 days.

A bear marked followed from April 2021 until November 2022 with a 96.52% correction (-96.52% from top to bottom), a total of 560 days.

There can be another drop after a relief rally that ends up in a new low, this is something that is yet to be seen but the possibilities are there.

Look at the chart as it is now though, there is room for a bullish wave to take place.

A relief rally for DGBUSDT (DigiByte vs Tether) can easily lead to 400% growth, mid-term, meaning within a time window of 3 months.

Now, what would the next All-Time High if the bottom is already in?

We have several options... Stay with me!

1) The 1.618 Fib. extension of the previous bull and bear markets, would lead to $0.29244 or a massive 3593% growth potential.

2) The 2.618 Fib. extension, if the next altcoins bull market is strong, can lead to an incredible 5,812%.

3) The 3.618 Fib. extension, we would need some major development within the cryptocurrency industry and specifically with Digibyte for this to take place, would lead to 7,923%.

These are the numbers for your fun and entertainment.

Not to be construed as financial advice.

I hope you enjoyed the chart.

Namaste.