Quote from: YOSHIE on July 01, 2022, 03:50:55 PM

Quote from: Ratimov on June 22, 2022, 08:02:00 PM

Based on the theory of cyclicality, then the absolute market bottom comes every 4 years, and at the same time, bitcoin loses about 85% of its value after an explosive bullrun. In this cycle, 85% of the lost value from the last ATH is right at the ~$10,000 mark.

I expect further from the existing cycle, expectation $8000, two thousand lower than expected, at least.

I had a fiasco when Bitcoin was at $6000 a few years ago, I looked and I didn't do anything about it, the new ATH kept going up to $60k, experience is the teacher of everything, well, if Bitcoin is in the $10k position, I'll hold on tight until a new ATH happens, no matter how many years it will be, i don't want to fail the umpteenth time, i'm ready for a $10k Bitcoin cycle, I'm ready to risk.

8k$ this is your expectation because you think you missed the previous $6000 position, or you are the results based on your analysis. I would love to know your thoughts.

It would be bad for bitcoin to go back to $10k for those holding it above $20k and many bought it at $50k last year, but great time for those who are holding fiat and waiting for the next bear season, it will be a great opportunity to buy if bitcoin really hits 10k.