Post
Topic
Board Speculation
Re: Would the bitfinex ''hack'' be the trigger of the next major rally?
by
illyiller
on 13/08/2016, 23:11:55 UTC
The major sell-off at the beginning of the late 2013 bubble looks similar. Both sell-offs are after a bear market and in a beginnig of a bull market.

What do you think?

This sell-off came after a bear market? How do you figure? We've been trending upwards for a year since basing and retesting the $150-220 range. Hence being near $600 now.

I was pretty open to a continuation of the 2009-2013 rally, but I'm guessing the 2015-2016 rally was a correction after all.