Post
Topic
Board Speculation
Re: Bit coin crashing ? $3,000 by noon today
by
pooya87
on 11/01/2021, 06:33:42 UTC
If you look at the percentage size of this fall you can see that it is 20% drop which could be categorized as a crash but a small one and it is normal for bitcoin to see such "mini crashes" during its bull run. Meanwhile only an idiot or a troll thinks that just because of such a move price could go below $30k let alone reach $3k Cheesy

I keep suggesting everyone to look at the charts, I might as well repeat it here too. If you check the charts between 2015 to end of 2017 you can see that the trend is very similar (if not identical) to the chart between start of 2018 to end of 2021 with early 2021 (these days) being very similar to start of 2017.
A good example is the fall from $2980 to $2120 back in June 2017 which is 28% drop right after price went about 100% higher than the previous ATH ($1200 to $2980 -> $20000 to $42000).
You see the similarities yet?