Made this for myself. Use it for your own TA if you want..
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Peaked at $1,300 (+73%) dip was -27%
Peaked at $3,000 (+223%) dip was -38% (maybe bc it went over 200% so bigger dip)
Peaked at $5,000 (+167%) -37% dip after
Peaked at $7,500 (+148%) -27% dip after
Peaked at $20,000 (a staggering +240%) Dip is 52% so far (very big dip compared to the past 4)
The past 5 pumps have been an average of about 170% Compare 240% pump to the average... The pump to $3,000 caught a lot of attention for bitcoin So did the pump to $20,000 Small amount of people's eyes opened up at $3,000 Even more eyes opened up on the way to 20k? The past 5 dips have been an average of 36% Compared to the 52% dip we are seeing so far
Mt. Gox dipped price from $237 to $67 (-350%)
Price rocketed to $1,000 then dipped to around $500 (50% dip) Took 4 years to recover before reaching $1,000 again Could we see a long term correction like the crash of late 2013/early 2014? Both dips had slightly over a 50% dip Im personally bullish... but I just wanted to point out this dip is pretty big!
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Correction. Dip after $3,000 is actually quite norm
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I also noticed btc makes two major dips on most of its corrections before another huge rise