Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Settled at ~$6400 for now?
by
franky1
on 08/09/2018, 17:03:56 UTC
⭐ Merited by Slow death (1) ,dbshck (1)
ignoring the highs. if you concentrate on the lows. and see where the lowest price of 3-6-10-12 month
you will see that bitcoin has always been on an upward movement

2016:  >$300
2017:  >$900
2018:  >$5,800

people need to realise the bull-bear switch over is not something that happens hourly or daily.
bull and bear are the longer term directions.

maybe what the financial buzzworders should use is
short term up = Calve (young bull)
short term down = Cub (young bear)

bitcoin has been bull but does get occassional calve and cub events