Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Synchronice
on 20/03/2023, 18:06:05 UTC
Found this image on Reddit, this really shows the thoughts of people who buy it when price has reached its at that moment highest potential.

Who says we're still in a bear market?
Tell me please, what's the difference between a bear market rally and a beginning of a bull market?
It's easy to say after the fact when the price keeps going down for months that it has to be a bear market and the same the other way round, after breaking the ATH everybody thinks it's bull market.

2020 can be a good example. We went to 10k - nah bear market rally like in 2019, 12k - nah it's going to be like in 2019, 13,5k - I better sell soon before it ends up like 2019, then it finally broke into 18k territory and everyone was like - take my money, it's bull market and we went straight from 19k to 41k.

Found this image on Reddit, this really shows the thoughts of people who buy it when price has reached its at that moment highest potential.



So you are anti crypto and we are crashing correct?
No, No! You took it wrong, I'm not anti-crypto. I'm very pro-crypto. This image reminds me situations when people buy bitcoin when bubble is about to explode, I mean moments when it reached 20K in 2017 and 70K in 2021 and people were entering and making investments into crypto world during that moments.