Bitcoin is on an epic rally but looking at history the bear markets mostly drives price down to around 85%. Just 2 simple questions....
1) Where do you guys predict the bull market to end?
2) What is your prediction of the lowest price bitcoin will go again on next bear market?
I can't think at this point of when the bear market will kick in, but I have a feeling that next lowest could be around 7k to 10k mark. Let me know your thoughts.
No one knows!
We can put up numbers and make out those comparisons but it isnt something that can really be predicted thats why its really hard to tell numbers because
if we do know on where it would be going then we can save up our own asses when price corrections do happen.
Basing off on the level of adoption we do have now then its not bad to presume that we wont really be crashing that hard compared to the past events.
Lots of strong supports in belows 29k 25k 22k and 19k. Breaking these supports might able to hold off but well its all presumption.