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bitcoiner21
Jun 23, 2018 6:06 AM

Expect six more months of bear market in crypto 

Bitcoin / U.S. dollarBitstamp

Description

If there is one thing which bitcoiners know, it is that the crypto market is cyclical.
We have had multiple boom and bust cycles throughout the years with incredibly similar characteristics in terms of percent change.

Bitcoin had its boom last year and every other coin followed. And a boom is always followed by a correction.

You can see the big picture in this chart.

Six more months of bear market in crypto is completely normal and expected. Be warned.

Expect to see the "Bitcoin is dead" articles again. The more common they become - the more you know you have to buy.

Now, and in the following months, it's the accumulation phase again.

#BUIDL

Comment

Nailed it!
Comments
Jey_Jey_Secret

Maybe...
BrentEdward
agree with the 80% fall... i think the timing will be faster to get there though.
Fovillain
@Hskr8, agree, the space is moving much quicker
Bull2025
Great simple and accurate prediction. I like it.
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