BTC Crashes Are Decreasing in Severity Over Time

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
177 0
First, it must be stated that this analysis assumes the following:

The 2018 crash of BTC is over!

Only time will reveal whether that assumption is valid or invalid.

If our assumption is correct then we can conclude that the crashes of Bitcoin are decreasing in severity over time.

Here's the proof:

The first crash plummeted to $.01 after it went on a rally from $93.03 to $290. So, it retraced to the 1.472.

The second crash fell to $100 after its run from $.01 to $1,175. It retraced to the .9149.

Finally, our current crash took a nose dive to $6,000 after it went on a massive bull run from $100 to $19,891. It retraced to the .702.

And, 1.472 > .9149 > .702

Therefore, if our assumption is valid then it must be true that the crashes of BTC are decreasing in severity as time goes to infinity.


EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out