Walt Disney World employees announced that they would join together to march in protest of the company’s recently announced COVID-19 vaccine mandates, which requires cast members to be fully vaccinated by October 22, 2021.
Revealing that many cast members have shown legitimate concern about what will happen once the new mandate goes into effect, event organiser Nick Caturano told Fox 35,, “We understand that COVID-19 is a very real health concern that we all have to take seriously, but many cast members have a legitimate basis for refusing vaccination.”
“So many cast members felt alone and felt like they were the only ones who thought this was wrong,” Caturano continued. “I think we were made to feel that way on purpose. But we have connected now, and we are pushing back.”
According to the information provided via a press release, the march was scheduled to begin at 2 p.m. at 12151 S. Apopka Vineland Rd, where protestors were expected to “walk up and down Lake Buena Vista Boulevard through the middle of Disney World.”
The Orlando Sentinel’s Katie Rice shared a photo of the employees’ protest to Twitter.
She wrote, “Around 25 people are walking down Apopka-Vineland Road toward Disney to protest Disney’s COVID-19 vaccine requirement for cast members. The protest was organized by a current cast member who said he distrusts the vaccine in its current form.”
Another protest has reportedly been scheduled in Anaheim, California as well.
Last month, the company’s largest union of employees agreed to adopt a COVID-19 vaccination mandate that would require proof of vaccination for all cast members at the Florida theme park.
The agreement itself, shared by the Service Trades Council Union, stipulated that Disney World “will require all active Employees whose duties include working on-site to be fully vaccinated by October 22, 2021.”
According to the information revealed within the agreement, the union agreed to make this decision based on “recommendations of scientists, local, state and federal health officials and the Company’s own medical professionals that COVID-19 vaccines provide the best protection against severe COVID-19 infection.”
It is also worth mentioning that not all cast members at the Florida theme park would be required to show proof, since some of them could be exempted from this new near-draconian mandate for medical or religious reasons.
Employees who do not fall into the categories mentioned above would be let go by Walt Disney World, although they will still retain a positive rehire status until they “comply with the Company policy on Mandatory COVID-19 Vaccination.”
It’s been a quiet week in crypto markets as prices consolidate after last week’s sell-off. Returns have been mixed, especially among alternative cryptocurrencies, with Solana’s SOL token down about 19% over the past week due to network failures, compared with a 34% gain in Avalanche’s AVAX token that was driven by the network’s latest $230 million funding round.
Bitcoin was trading at about $47,000 at press time and is up 6% over the past week. Some analysts expect BTC to consolidate over the short term as the broader uptrend remains intact.
“The combination of fundamental metrics presented on-chain, bullish technical indicators and soft macro picture allows us to confirm our view of a bullish run through the remainder of the year,” FundStrat, a global advisory firm, wrote in a Wednesday report. “We are buyers of BTC and ETH into any near-term selling.”
Regulation, however, remains a headwind for cryptocurrencies. Last week, El Salvador’s Court of Accounts received a complaint from a human rights organization regarding the government’s handling of bitcoin purchases and crypto ATMs. Opposition to the country’s bitcoin law has been vocal with protests across the capital, reported CoinDesk’s Sebastian Sinclair.
And on Thursday, Bloomberg reported that the U.S. Treasury Department is preparing a report on stablecoins and their potential risks to the financial system.
Similar to the spot market, the bitcoin options and futures market has also been relatively stable, albeit with some signs of caution.
“We’ve seen healthy spot buying demand in BTC, ETH and altcoins on the desk,” wrote crypto trading firm QCP Capital in a Telegram chat. “But we’ve also seen decent profit-taking in calls at current levels – mixed signals.”
A cautious stance among traders is apparent from the positive one-week and one-month bitcoin put-call skews, which measure the cost of puts – or bearish bets – relative to calls, which are bullish bets. The positive values imply that traders are seeking short-term downside protection, reports CoinDesk’s Omkar Godbole.
QCP expects bitcoin to consolidate at around the $45,000-$50,000 range over the short term given mixed signals from the options market.
“At these levels we have turned slightly short spot as well in BTC and ETH against our long spot positions in the altcoins,” QCP wrote.
Coinbase trading volumes decline
Trading volume on the Coinbase exchange eased slightly last week but remains elevated compared with recent months. That trend largely reflects the recent price consolidation in large cryptocurrencies, such as bitcoin and ether, while smaller alternative cryptocurrencies captured greater interest among traders.
In a Friday newsletter to institutional clients, Coinbase noted rising volume and said that it expected an eventful fourth quarter. “BTC volumes have caught up to ETH volumes,” Coinbase wrote. “While retail interest in ADA remains high, we have seen a significant rise in ALGO volumes this past week as the L1 [Layer 1] narrative continues to play out.”
Ether, the world’s second-largest cryptocurrency by market capitalization, was trading at around $3,400 at press time and is down about 3% over the past 24 hours, compared with bitcoin’s flat performance over the same period.
ETH is still outperforming BTC over the past week, although the pace of its relative upside is starting to slow. The ETH/BTC ratio declined from the 0.08 resistance level during last week’s crypto sell-off and is approaching initial support near 0.07.
Ripple has plans to build a market-making platform for XRP: The global payments company is looking to build a crypto market-making platform and is actively recruiting 10 staff across three cities, reported CoinDesk’s Will Canny. Last December, the U.S. Securities and Exchange Commission charged Ripple with raising more than $1.3 billion in XRP sales in allegedly unregistered securities offerings. Ripple’s XRP token was previously the third-largest cryptocurrency by market cap.
Stablecoin Tether denies holding Evergrande’s commercial paper in its reserve for USDT: Tether Ltd., the company behind the world’s largest stablecoin, has pushed back against lingering speculation that its dollar-pegged currency USDT is backed by commercial paper issued by the now cash-strapped Chinese property giant Evergrande Group, reported CoinDesk’s Omar Godbole. “Tether does not hold any commercial paper or other debt or securities issued by Evergrande and has never done so,” Tether external spokesperson Alex Welch said in an email on Wednesday.
Crypto custodian Copper says it now supports OXY and MAPS tokens, citing growing investor demand for DeFi: OXY and MAPS are the native tokens of the Oxygen and Maps.me ecosystems, which are built on Solana’s Serum decentralized exchange (DEX). The company says custody of OXY and MAPS on its Copper platform will support investments in the two decentralized finance (DeFi) projects from institutional investors.
Facebook has become known in recent years for the ruthless enforcement of its internal content rules, to the point that posting anything on the site can sometimes feel like opening your mouth in Stalinist Russia—you never know if you’re going to become an Unperson by saying the wrong thing.
In private, the company has built a system that has exempted high-profile users from some or all of its rules, according to company documents reviewed by The Wall Street Journal.
The program, known as “cross check” or “XCheck,” was initially intended as a quality-control measure for actions taken against high-profile accounts, including celebrities, politicians and journalists. Today, it shields millions of VIP users from the company’s normal enforcement process, the documents show. Some users are “whitelisted”—rendered immune from enforcement actions—while others are allowed to post rule-violating material pending Facebook employee reviews that often never come.
Interesting: A relentlessly overbearing system of rules and regulations that doles out loads of punishment to ordinary, powerful people while allowing a favored elite to write their own rules and game the system indefinitely. It really does sound like Stalinist Russia!
Want to create an affiliate program for your WooCommerce store?
Launching your own affiliate program is a great way to grow your store because you’ll have an army of loyal promoters out there sharing your products. But if you go with an established affiliate network like ShareASale or CJ, you’re going to be paying high setup fees and ongoing commissions to a middleman (above and beyond what you pay to your actual affiliates).
With Solid Affiliate, you can create your own self-hosted WooCommerce affiliate program powered by WordPress. You’ll have full control over your data and how your affiliate program functions. You also won’t have to pay an extra commission to a middle-man network.
In our Solid Affiliate review, we’ll give you a hands-on look at how this native WordPress plugin can help you create an affiliate program for your WooCommerce store.
Mailchimp integration – automatically sync affiliates to a Mailchimp list so that you can send them emails.
Those are just the high-level features – keep reading for a look at everything it has to offer.
How to Set Up Solid Affiliate
The Solid Affiliate setup process is pretty simple and entirely non-technical. In terms of basic tracking, it’s pretty much plug-and-play.
Of course, you’ll need to do a little configuration when it comes to things like commission rates and behavior, but you can easily set all of that up via a well-designed interface.
When you first activate Solid Affiliate, it includes a setup wizard that appears when you go to the new Solid Affiliate tab in your dashboard. There’s not much to do here, but you can configure your outgoing emails and have Solid Affiliate create a page for your frontend affiliate portal:
Settings – General
Once you complete the setup wizard, you’ll want to go to Solid Affiliate → Settings to configure how your affiliate program functions.
In the General tab, you can configure how your commissions work including:
The default commission rate (flat-rate or percentage).
Whether to exclude shipping and/or tax from commission calculations.
Whether to offer commissions on all sales or only on sales from new customers.
How long the tracking cookie should last.
The currency for payouts.
In situations where multiple affiliates refer a customer, Solid Affiliate currently only works on the “credit last affiliate” model. However, they’re working on adding more attribution strategies, such as crediting the first affiliate to refer a customer.
Settings – Affiliate Portal & Registration
The Affiliate Portal & Registration tab lets you control:
The frontend interface for affiliates.
What fields to include on the registration form.
Whether to require admin approval for new affiliates.
The “Affiliate Notes” field on the registration form adds a “How will you promote us?” box. But it still would be nice to have some added control over the registration form, maybe via integrations with popular form plugins (which is how some other WordPress affiliate plugins handle things).
Right now, there’s no way to add custom fields to your registration forms, which is something some affiliate programs might want. For example, you can’t collect an affiliate’s physical address, which might be an issue if you’re in the USA and you need their location for 1099 forms.
Settings – Integration
The Integrations tab lets you set up two integrations:
PayPal for easy payouts (more on this later).
Mailchimp to automatically sync affiliate contacts to a Mailchimp list.
Settings – Emails
The Emails tab lets you customize the emails that are sent to affiliates and affiliate managers. There are four emails and you can customize them using the Classic editor and merge tags.
Here are the emails to affiliate managers:
New affiliate registration
And here are the emails to affiliates:
Affiliate application approved
Settings – Misc
The Misc tab holds some miscellaneous settings, such as whether to automatically reject unpaid referrals if the order is refunded:
Settings – Recurring Referrals
If you’re using WooCommerce Subscriptions, the Recurring Referrals tab lets you choose whether to pay commissions on every subscription payment or just the first one.
You can also set a custom rate. For example, you could give $50 flat for the first payment and 5% commission for all recurring payments:
Setting Up Custom Commission Rates
In addition to the default referral rate that you configured in the settings, Solid Affiliate also lets you manually override that rate for specific…
You can set these rates up when you edit an individual affiliate, product, or product category.
For example, when you edit a product category, you’ll get new fields to control the commission for products in that category:
or individual products, you also get an option to make them ineligible for commissions, which is nice if you don’t want to pay commissions on certain products:
Assigning Coupons to Affiliates
As another option to credit affiliates, you can also give affiliates their own coupons. Whenever a shopper uses the coupon, Solid Affiliate will automatically credit that affiliate with the sale.
To set up affiliate coupons, Solid Affiliate integrates into the native WooCommerce coupon system:
And that’s it! You’ve fully set up your affiliate program.
Next, let’s look at what the management features are like…
How to Manage Your Affiliate Program
Once you set up your affiliate program, Solid Affiliate also includes lots of tools to view reports, manage affiliates, pay your affiliates, and more.
You’ll find these under the main Solid Affiliate menu in your WordPress dashboard. Let’s go through them…
The Dashboard tab gives you a high-level overview of what’s going on with your affiliate program. You can see recent revenue, referrals, affiliate registrations, and top affiliates.
It also shows you notifications, which helps you keep track of key actions. For example, when it’s time to make a new payout, you’ll get a notification to remind you:
The Affiliates tab helps you manage all of your individual affiliates. It also gives you a quick look at their performance and paid/unpaid commissions:
If you click into an individual affiliate, you’ll be able to approve them (for new registrants), set custom commission rates, and more.
One feature that I think could be useful here is the ability to bulk export affiliate data as a CSV. This could be helpful for reporting, compliance, and integrating with other email marketing tools beyond Mailchimp.
The Referrals tab lets you track individual referrals to your store. That is, you can see each individual order that was referred by an affiliate. You can also open the corresponding order in the WooCommerce interface:
One nice touch is that you can quickly see exactly how the commission was calculated for each referral. For example, was it the default rate or did it have some custom rates:
If you’ve set up a lot of custom rates, being able to quickly calculate where each commission came from can be helpful.
Solid Affiliate includes two menus related to payouts:
Payouts – this lets you see all of the completed payouts.
Pay Affiliates – this houses the tool that you can use to pay affiliates. Once you pay them with this tool, that payout will appear in the Payouts tab.
The pay affiliates tool is well-designed and easy to use.
You have two options for paying affiliates:
You can use the PayPal bulk payout integration to automatically pay affiliates via PayPal.
You can generate a CSV file to manually pay affiliates via any method.
When you create a payout, you’ll also be able to filter the specific referrals that you want to pay via three options:
All unpaid referrals that have passed the refund grace period that you set in the plugin’s settings.
All unpaid referrals.
Unpaid referrals from a custom time range – anywhere from “Today” to “In the last year”. Or, you can enter a custom date range – e.g. between April 1 and April 13.
Then, you’ll get a preview of the referrals that match your criteria.
For a CSV export, you can also choose to mark referrals as paid or only export the CSV without marking them as paid.
The Visits tab lets you track individual referral visits to your site, whether or not they resulted in a sale. You can also see the referring URL, if applicable:
The Creatives tab lets you add new creatives for your affiliates to use. They’ll be able to access these creatives in their frontend dashboards (more on this later):
The Reports tab gives you a detailed look at all aspects of your affiliate program. I think this is one of the strong points of Solid Affiliate as the reporting data is quite detailed.
The Overview tab gives you a detailed breakdown of all parts of your affiliate program and then you can use the other tabs to dig into affiliates, referrals, payouts, and visits:
As I mentioned in the affiliates section, I think it would be useful if there were an option to export some/all of this data as a CSV, as well.
Commission Rate Overview
The Commission Rates tab is a useful area that basically gives you a high-level view of all the different commission rates on your store.
You can see your basic settings and commission rates, but then you can also see any manual overrides that you’ve created for specific…
You can also see all of your affiliate coupons.
If you have one static commission rate for all products and affiliates, this probably won’t be that useful. But if you set up custom commission rates for certain products or affiliates, being able to see all of those rates in one spot is a nice feature.
How the Frontend Experience Works for Affiliates
Finally, let’s take a quick look at what the frontend experience is like for your affiliates.
If an anonymous visitor tries to access the affiliate portal page, they’ll be prompted to register or log in:
Once they’ve registered, they’ll get a well-designed dashboard to view/manage:
Affiliate links (including a tool to generate affiliate links to specific products)
Basic settings, like their payment email.
Solid Affiliate Pricing
At the time that we’re writing our Solid Affiliate review, the pricing terms are incredibly generous.
You’ll pay just $99 for lifetime usage on unlimited sites. What’s more, you also get lifetime updates and support.
This is a limited-time deal, though. The “real” price will be $199 per year.
So – if you’re interested, I think it definitely makes sense to make your purchase sooner rather than later as the lifetime deal offers a lot of value.
You get a 60-day money-back guarantee so you’re not risking anything.
Final Thoughts on Solid Affiliate
Overall, I found Solid Affiliate to be very easy to use. The setup process is dead simple and all the functionality worked properly in my testing, including accurate commission tracking.
The dashboard is well-designed and also includes detailed reporting along with useful features like being able to quickly see all your commission rates and how the commission was calculated for each order.
There are a few features that I think it would be nice to add, such as being able to fully customize the registration form (maybe by integrating with a form plugin) and having more bulk CSV export options. But it’s a young plugin so it has time to add those features going forward.
At $99 for lifetime usage/updates/support on unlimited sites, Solid Affiliate is significantly more affordable than much of the competition. If the developer has changed the price for new customers to $199/year by the time you’re reading this review, that’s still quite competitive vs what you’d pay for similar features from other plugins.
So, if you want to add an affiliate program to your WooCommerce store, definitely give Solid Affiliate a look.
The Great Resignation, a term first coined in 2019 by Texas A&M’s Anthony Klotz to predict a mass, voluntary exodus from the workforce, is here, and it’s quite real.
According to the U.S. Department of Labor, during the months of April, May, and June 2021, a total of 11.5 million workers quit their jobs. Recent studies indicate that it’s likely not over. A survey of over 30,000 workers conducted by Microsoft found that 41 percent are considering quitting; that number jumps to 54 percent when Gen-Z is considered alone. Gallup found that 48 percent of employees are actively searching for new opportunities. And Persio reported that 38 percent of those they surveyed planned to make a change in the next six months.
These are alarming figures. The cost of any turnover is expensive. For any organization to lose even a third of its workforce would be downright devastating. The impact on small and medium enterprises, where finding departments of one is not unusual, will be especially severe. As with any potential crisis, addressing the situation is best achieved once one understands what is causing it.
The issues driving the Great Resignation, while multiple are mostly variations on a theme. According to a survey conducted by LinkedIn, 74 percent of those surveyed indicated that the time spent at home — either during shut-downs or working remotely — during the pandemic had caused them to rethink their current work situation. A great many — over half in several surveys — cite stress and burnout in their current position as a reason for looking elsewhere. Others point to dissatisfaction, and even fear, caused by knee-jerk cost-cutting actions by their current employer in response to Covid-19-related business slowdowns as a reason for bolting, with many finding fundamental unfairness in holds on promotions, frozen merit increases, and indiscriminate layoffs which impacted poor performers and stars equally, particularly as they watched executive leadership refuse to participate in the pain.
Still others made evaluations, both with heart and head, around the true economics of a two-income household, determining that the benefits no longer outweighed the costs. Some finally took the leap and started a dream business. Many have simply had it with being undervalued and unheard by toxic, narcissistic managers. Finally, fully a third stated concerns with their personal safety in having to return to an on-site position while the pandemic still rages. So, with all of this going on, what can a typical small enterprise do to stem the tide — particularly as larger, better-funded corporate competitors compete for the same, smaller talent pool?
In a word, care. The Great Resignation caught so many employers flat-footed because it ran contrary to everything traditional management thought they knew about labor markets. See, since forever, the conventional wisdom held that in downturns, the employer could get away with almost anything; employees needed work and so would be grateful merely to have a job — frills and niceties were 100 percent unnecessary. But the common thread that runs through virtually every motivation for the Great Resignation departures we are seeing is a decision to no longer accept the unacceptable.
Whether due to a fear for personal safety, a lack of fair treatment, having to deal with a horrible boss, or an inequitable work-life balance, those fleeing what might be viewed as perfectly good jobs are simply choosing to put themselves first for a change. Employers who beat them to the punch by taking steps to create environments where associates feel safe, valued, and more empowered to make their own scheduling choices stand a great chance of keeping these employees. And when I say environment, I’m not talking about bean bags and ping-pong tables.
A July 2021 Fast Company piece declared “The Era of Wacky Office Perks is Dead.” Associates are smart enough to recognize that toys and mini-fridges full of energy drinks are not a substitute for leaders who truly care about them and who work to make their lives better. Workers want transparency. They want to be trusted. They want employers who recognize that managing in a Zoom economy is different, and that their leaders need different skills and training. They want bosses who stop being skeptical whether they are actually working when they are at home. They want to be respected by leaders who get that remote work is not an invitation for micromanagement.
More importantly, workers simply want to be recognized; in fact, according to bonusly.com, 63 percent of those in a recent survey who said they are regularly recognized also said they are very unlikely to look for a new job. Workers want organizations that understand that hybrid work requires management to communicate more, not less. They want their boards and HR departments to finally awaken to the fact that narcissism is a malignancy and that bullies have no business managing other human beings.
They also want to work for companies they can be proud of, that are involved in their communities and that take a stand for things that they believe matter. They want to work for companies that cut bad costs discriminately, not for machete-wielding SG&A slashers who cut everything in sight. They want to work for companies that believe the best time to invest in training and education is when business slows down. And they want a say — in decision making AND in their own scheduling. But don’t simply take my word for it, ask them.
The smartest business leaders today are taking the time to ask their associates regularly and formally what is and is not going well as they navigate this strange new world. They are doing so apart from normal engagement measurement efforts (which I recently wrote about here). Best-in-class leaders are not just asking for, but are taking action on, associate feedback. These employers are finding pain points for associates and getting them out of their way. Most associates are reasonable. Few expected that their leaders would have all the answers as this pandemic struck then dragged on. What they simply want, at a minimum though, is that their leaders take the time to honestly communicate about what is happening and to ask them for their input. Companies that take these simple steps and those listed above stand a far greater chance of keeping valued associates as the Great Resignation drags on. And that’s not the only silver lining.
As much as the Great Resignation has created significant disruption for many organizations, smart businesses should alternately view it as a tremendous opportunity. The market is being flooded right now with people looking for something better, people who have had enough of organizations that do not care. For smaller enterprises that take the time and energy to not only talk about being better but to actually prove that they are a better, more caring place to work, there is a great pool of talent waiting to beat a path to their door.
It’s all about caring.
It’s a simple choice. One that some 11.5 million people and counting are begging for more companies to make.
BTC spot price action looks gloomy on Monday, but as traders, analysts and more note, there are practically no reasons to be bearish on Bitcoin.
Bitcoin (BTC) starts a new week in a precarious place — below $45,000 and below some key moving averages. What’s next?
Almost a week after a cascade of leveraged position unwinding forced the market to $42,800, Bitcoin has erased most of its subsequent recovery.
The weekend produced little by way of a paradigm shift, and now, downside volatility is firmly in place. With BTC/USD down 13% in a week, Cointelegraph takes a look at five things that may help traders to anticipate what the next move could be.
Stocks due for rebound
Stocks are expected to perform better this week after selling pressure added to Bitcoin’s woes in the first half of September.
With a red week behind them, expectations are that equities will now rally, continuing a trend which had characterized markets since the Coronavirus crash in March 2020.
“Expecting equities to bounce this week and provide some relief for Bitcoin,” Charles Edwards, CEO of investment manager Capriole, forecast.
Bitcoin’s overall relationship with macro trends has been increasingly called into question over the past year. Nonetheless, shocks to the system continue to influence BTC price action, as evidenced by the Federal Reserve Jackson Hole virtual summit earlier in September.
“The world still sees Bitcoin as a risk on asset,” Edwards added in comments alongside a comparative chart.
“Almost every Bitcoin correction in 2021 has correlated with a S&P500 correction of -2% or more.”
On the flipside, strong stocks may serve to keep the strength of the U.S. dollar in check, something which also gives Bitcoin more room to breathe.
The U.S. dollar currency index (DXY) saw a brisk move towards 93 last week before halting to consolidate its gains, a process which continues.
Spot price sags further below bullish metrics
Macro moves could be the deal breaker when it comes to this week’s BTC price trajectory, forecasts argue.
After ranging over the weekend, Sunday saw last-minute volatility which ended in BTC/USD slipping below $45,000.
With spot traders hedging their bets on more downside, there has arguably never been a bigger disparity between on-chain metrics, adoption phenomena, and price.
“Stablecoin liquidity increasing, bitcoin on exchanges hit a 3-year low, normies awaken,” Moskovski Capital CEO Lex Moskovski summarized.
“If macro doesn’t sh*t the bed, the next leg up is programmed.”
Moskovski later added that macro markets had indeed begun the week in the green and that stablecoins, not used as shorting collateral, made a clear bullish argument.
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Stablecoins are at all time high and not used as a collateral for shorts.<br><br>Legacy finance opened green.<br><br>What is your thesis for selling, soldier? <a href="https://t.co/J2PMtsRVWn">pic.twitter.com/J2PMtsRVWn</a></p>— Lex Moskovski (@mskvsk) <a href="https://twitter.com/mskvsk/status/1437301856250875906?ref_src=twsrc%5Etfw">September 13, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
September has been a historically poor-performing month for Bitcoin, and as such, price predictions favor the “real” upside to recommence from October onwards.
“Remember more often than not bitcoin has a red month in September and a big price move in Q4,” popular Twitter account Lark Davis told followers Monday.
“BTC can still hit 100k by end of year.”
Nonetheless, veteran trader Peter Brandt is sounding the alarm — at least for the time being.
“There is a name for this chart pattern. Anybody want to take a guess what it’s called?” he tweeted alongside the daily chart showing what appears to be a breakdown of a bearish pennant construction.
“Dancing with 2017”
It’s not all doom and gloom — when it comes to this halving cycle, Bitcoin this year is still “dancing with 2017” in terms of price gains.
That’s according to data from trading platform Decentrader, which this week signals that BTC/USD in 2021 is still on track for the year after a block subsidy halving.
“Dancing with 2017 at the moment,” Decentrader analyst Filbfilb said in comments over the weekend.
The chart shows the extent to which May’s miner rout upended progress. Formerly between 2013 and 2017 gains, Bitcoin then dropped to forge a new lower paradigm in May, a trend which ultimately continues.
As Cointelegraph reported, a “double top” phenomenon remains analysts’ bet for how Bitcoin will round out 2021 — just like in 2013 and 2017 — with a price dip in between correlating to May’s trip to $29,000.