Post
Topic
Board Speculation
Re: Another Bubble popped?
by
Febo
on 07/03/2018, 23:31:00 UTC
So looks like another bubble has popped and BTC is taking a nosedive dropping from 11600 to 9700 a mere 1900$ in 3 days. How long does a bear market normally last? I'm expecting atleast the full year, can it take longer?

Do you know what is a bubble popped?  20%?  LOL Bitcoin made 20% swings daily several times last year. Bubble popped means that price went down few times from ATH.  It went from 20k to 6k. In only few weeks. That you can say was a small bubble popped.   If you want to call 11k Bitcoin a bubble right now price need to tank to $3k range. Maybe will happen next week.