To me this chart looks like when Bitcoin was hanging around $3000-6000 USD for half a year. The collapse from $6000-$3000 USD is reminiscent of ICP's huge dump when it first went public. Right now I am willing to bet that ICP is right now in a accumulation range by smart money, some will laugh and say ICP has lower to go. These are the same people that insisted that Bitcoin MUST dump to $1800 USD instead of slurping up as much cheap $3000 USD bitcoin as they could. Remember that people are most bearish at the bottom when logic argues that in reality they should be the most bullish!
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I guess it did have lower to go after all!
Still, that just means to me that ICP is a even better buy then when I first posted this idea. Massively undervalued!