Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
RejectedBanana
on 30/12/2017, 17:34:46 UTC
⭐ Merited by Last of the V8s (1)
You're not a true HODLer until you've been branded by the valley of -50% returns at least once.  Kiss

word

It's less than 30 days ago since it was below $10000. A few months in a $10000 to $20000 range would be healthy for the long term price. Nothing can keep doubling in price every two weeks forever. Gains like that are unsustainable.

Yep. 29 days since the last $10k doubling floor was established, if we don't breach it. From $5k to $10k was only 50 days, floor to floor. We still have until mid January for the $20k floor to be on pace with the previous doubling. I wouldn't complain if it took 70 or 90 days instead. Still looks healthy to me.