Hello dear community of Hive in general, I feel happy, I suppose that many of you, it seems to be a very good moment for the cryptocurrencies world, at least for Bitcoin (BTC) and some Altcoin that are seeing a considerable increase in price, and wow this month has been only of ascent for the BTC, it has passed from 12.000 to 18.123 dollars for the moment in which I am writing this publication...

Are we going to new historic prices?

• However, although I believe this project is a medium to long term investment, it is at these moments where the emotion of the moment can make some people lose money or simply take time to recover their capital.*

It reminds me of the moment I arrived to the crypto world, end of 2017 when BTC imposed its highest price, are we on our way to a new historic? if so, welcome, but, something that makes me think a little is that after the impressive rise that attracted so many to the crypto-world with the intention of taking advantage of such an event, after a few weeks, in 2017 the vision of the matter was different, the price of BTC fell almost 70%... Do you remember? I do, something happened that is known in the financial world as Blow-Off Top, do you know what it is? don't worry, I'm going to explain it below...

Let's start by defining what it is:

"A blow-off top is a chart pattern that shows a steep and rapid increase in a security’s price and trading volume followed by a steep and rapid drop in price usually on significant or high volume as well. The rapid changes indicated by a blow-off top, also called a blow-off move or exhaustion move, can be the result of actual news or pure speculation." _Source

I think the concept is self-explanatory, however, I would like to make a few comments about it.

Generally the movements in the crypto market are followed by these big increases of consolidation processes, that is to say, there is a decrease of the prices (that remains low for some time) and later it goes up again, but in this case, the increase of the price of the BTC has been almost continuous, there have been few corrections and of short duration, of course, I understand that this is what the volatility of the market is about and although there are people who lose or could lose money, there are also those who are making a great profit...The markets are like that, not everybody can win or lose.

There has also been a big increase in market capitalization, that is, the amount of money circulating in the cryptocurrency market, most of it in the form of BTC, which speaks of a belief in this project, and that is very good.

However, be careful, especially those who are just entering this world, if they enter a high historical price, it may then go down and take some time to get back to the same price, especially those who expect quick profits, we must remember that this is not a speed race but a long distance race . Patience.

For my part I clarify, I am not a specialist in the subject, but if a passionate about it, this is not financial advice, I am not saying invest or stop investing, but if you wanted to share some personal opinions about it.

I'd like to know what you think about it.