The 2019 run up and run down mimics the movement of the 2017 run to current day. Remember the bounce we had from 7.2k to 10.5k? This was the bounce from 3k to 14k, just on a smaller scale. Now we're going to tumble down into sub 3k as we went sub 7.2k recently. I don't like this idea but it will be a big wipeout of noobs and will be a huge "f*ck you" to past halvening moonboys. The stock market declining showed us that Bitcoin is not a good store of value. If stock market crashes, Bitcoin crashes. And if you take the macro trend, we have a lower high from 2017, this indicates a lower low could be coming which is the usual sign of a downtrend(lower highs, lower lows, remember?).
Comment:
5.5k reached!