Price Discovery

Definition:

That beautiful moment when a coin breaks its ATH and enters the rare space known as price discovery. For example, in the 2020-2022 cycle, Bitcoin broke through previous ATH of ±20k and entered prices discovery. Nobody know where it would go, price was in unchartered territory. In the end it reached a peak of… you guessed… $69k before dropping back down. The next period of price discovery will be when it exceeds 69k in the future. When will that be? The million BTC question.

Degen Chat

“We’re almost at ATH… next step is price discovery mode… diamond hands reap the rewards they deserve… Valhalla here we come.”