Post
Topic
Board Speculation
Re: Yearly All Time Lows For BTC
by
marjil
on 05/01/2019, 17:12:42 UTC
2012 - $4
2013 - $65
2014 - $200
2015 - $185
2016 - $365
2017 - $780
2018 - $3200

Puts a lot into perspective.

This is just to exciting for what will Bitcoin do next in the new bull run. I know that a lot of people will start to get hyped again and will eventually make the market go up.

it is too soon for anyone to get hyped about bitcoin. like any previous time after the drop there will be a small and slow rise at first where everyone still continues to remain skeptical about it and you will hear the term "bull trap" a lot with a lot of predictions telling about the lower price while price continues to rise despite all that.

the hype that you are talking about will always come next after some major resistance was broken like the one at $10k.

Possibly, but the market is too fluid for any meaningful talk of resistance levels. Also I'd add that what would have made an even more interesting comparison would have been a list of yearly highs to compare with the list of lows. Even so, the perspective to be garnered from the lows is that while there is a tendency for large increases, there are also pauses in price increase, such as from 2015 and 2016. Also, the 2018 low is actually proportionally much higher than the previous year on year lows, suggesting that $3200 is still too high a price.