Post
Topic
Board Speculation
Re: Analysis
by
figmentofmyass
on 02/12/2018, 21:48:04 UTC

either the timeline or the magnitude of recovery seems a tad optimistic.

if we compare to the 2015 bottom, there was a 6-month recovery that confirmed the end of the bear market, same as his current prediction. but price only doubled from bottom to top in that recovery. he's potentially talking about a 10x or better before falling back to $6k support, which seems a bit hard to believe.

i agree with the overall idea, but i'm not sure about the target levels/times.