Re: Are we entering bear market? How low will btc go in the coming year?
Hehe yeah I wish for it. But an -80% from high to low isn't really that crazy looking historically, both 2015 and 2018 bull runs ended with -80% correction.
Now everyone will say its different this time, institutions, tesla etc etc yeah i don't really think so. People still have their greedy pants on right now that's why it seems unlikely but in 6-12 months of red candles things might change.
But what do I know, looking back in 6 months when btc is 200k I might laugh at myself for not buying at 30k, or if in 9 months when btc is 12k I think im a genius.
Now everyone will say its different this time, institutions, tesla etc etc yeah i don't really think so. People still have their greedy pants on right now that's why it seems unlikely but in 6-12 months of red candles things might change.
But what do I know, looking back in 6 months when btc is 200k I might laugh at myself for not buying at 30k, or if in 9 months when btc is 12k I think im a genius.