Bitcoin will likely go sub 3k before the bullmarket begins

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Comparison of the first bitcoin bear market and the current one. Same bubble route.

Comment: sorry to ruin the moon moods
Oh wow, someone that doesn't have their head in the clouds
+3 Reply
Well, lol.

This made me have a solid early 3k to the 5k buy and sell
I am not sure that this will happen now though
Nice spotting
+1 Reply
VincentBoudewijn Giorgioversace
@Giorgioversace, nice chart
@VincentBoudewijn, interesting analysis. You may well be right. Not popular though from some comments:)
@miket56, yeah I noticed haha
Sub 3k only in your dreams. Same as when moonboys thought we are going to 50k and will not crash the permabear bearboys think it has to go even lower...smh... I dont see it going below 3150 again
+2 Reply
I doubt you've ruined many moods, since this is terrible TA, almost childish.
+1 Reply
@qfina, thats your opinion, i believe the movement is the same as in the past, just bigger
You need to use the same chart time frames and compare the time frames as well. You can't cherry pick your points on the chart to make it say something it doesn't. When comparing 16 months out from the high today and 16 months out from they high back then you will get a different picture of where we are and where we may be heading.

@KWA, i disagree, i took the data from the first bear market, you are talking about 2014, that is the second bear market. I also disagree with your statement about timeframes. through time the bitcoin market has increased in size, therefore movements take longer. but bubbles will always remain the same. thats why i can compare the daily chart of 2011 with the monthly from 2019, market has grown bigger
+2 Reply
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