Post
Topic
Board Speculation
Re: Why the Crypto Market Remains ‘Moderately Bearish’ in 2019
by
deisik
on 12/01/2019, 20:37:29 UTC
We're very close to the point where in 2015 the price found its all time bottom around $152 so it will be interesting to see if we see something similar happen this time. Considering how similar the selloffs were, it wouldn't even surprise me, especially with how tax sales could also be a factor to take into consideration with how we have more professional entities in the space than ever before

Let's hope you will be right, this time like never before

With that said, though, let's not forget that in 2015 there actually were two lows. The first, which you already mentioned, was set somewhere in January or February (don't remember which month for certain), while the second in late August of that year when the price went below $200 for a few minutes at Bitfinex (I had been there and seen the exact moment with my own eyes). And if there is in fact some similarity between then and now, we may have to wait a little longer than most of us expect or hope