Re: Dear Bear, So is this a slow bounce up, then a slow drop back to $100 or less
People were making fun of the bears right until the end of the last huge bubble.
The truth is nobody knows, so don't get cocky because it might backfire.
The truth is nobody knows, so don't get cocky because it might backfire.
Just look at the fundamentals and you will see which of the two will win, Fiat or Bitcoin.
Duh.
In the long turn BTC may be worth more, but it seems like there are more and more resistance.
We may very well be in the "return to normal phase"
-But then again, this is pure speculations, and seems like BTC is extra hard to predict ATM.
Or we already went through the "return to 'normal'", "fear", and "capitulation" phases and are now in the "return to the mean" phase.