$20k to $3200
Yeah, that's the one I was looking for.
And while I obviously could look at a bitcoin price chart, I have not done so in a couple of years--I didn't even realize that it had hit $13,880 this past time around. Totally forgot, since after that it had pooped out at $10k for a while. I really ought to check the chart sometime soon, but I don't believe in TA so that's not my thing. Perhaps I'll do it just for nostalgia's sake.
Edit: I looked at the chart, and bitcoin didn't go as high as $13,880 in 2019. Got close but did not reach that level.
First of all you can't say that this correction is over. Bitcoin can still go even lower and set a new low.
Definitely true. When bitcoin
was vacillating around the $10k mark, I'd figured that when it busted out of that range it'd go upward and back toward its ATH. Didn't happen, and there's no telling where it's headed from here. True, it did rebound from below $8k....but nothing is certain. Traders and chart watchers would do well to remember this.
I do not think that what is happening now is the furthest correctio as mentioned above
Not the furthest correction no. From the subject:
Bitcoin has seen furthest correction of all bull markets
Bitcoin seems to always be either in a bull or bear state except when the price is flat--and those flat parts can last a long time. The drop from $20k was certainly when it was in a bull market. Ah, the euphoria. I do miss that so.