Historically speaking, Bitcoin has had 3 major bear markets
2011
- price decline: -93%
- days to bottom: 161 days
2013
- price decline: -85%
- days to bottom: 413 days
2018
- price decline (thus far): -83%
- days to bottom (thus far): 371 days
I am expecting the bottom to come somewhere in 2019 with a buy zone between $1200 - $2900.
Twitter: @tom__budd
2011
- price decline: -93%
- days to bottom: 161 days
2013
- price decline: -85%
- days to bottom: 413 days
2018
- price decline (thus far): -83%
- days to bottom (thus far): 371 days
I am expecting the bottom to come somewhere in 2019 with a buy zone between $1200 - $2900.
Twitter: @tom__budd