Comparing our current bear market with our previous bear market I think we may crash lower than most people are expecting. If you draw a fib circle and a trend line from the peak down to where we started to push up before our parabolic run up. You will notice in both 2014 and our current bear market the similarities are uncanny! If this plays out the same we are looking at a possible crash down to $1800 and lower.
To view more of my charts as well as private charts please click on details section of my trading view account.
If it's going to drop that far, it might as well drop to 1200ish to test the previous ATH.
kripto_corumlu
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yea yea bitcoin is dead and going to zero exactly
astromaniak
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@kripto_corumlu, BTC is not Bitcoin. Segwit coin is dead. Now Time for real Bitcoin from White Paper = BSV
walekiller
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I shared the same idea in June! See here, my bottom is also around $1800-$2600:
Dan_Wang
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OMG.... Love this kind of non-sense bearish post. Make me feel even more bullish for the 2020. Meaningless fractal play and circles...... BTW, you have fewer circles this time, I respect for that!