Quote from: Orpichukwu on Today at 10:49:45 PM

Quote from: kotajikikox on Today at 01:38:02 PM

Joao Wedson, founder and CEO of crypto analytics platform Alphractal has made his assumptions clear as he shares his expectations of bitcoin. He noted how bitcoin has corrected 15% from its ATH already and if this continues we might see bitcoin start the bear market starting from next year. He also noted how this cycle can't be judged the same way as previous ones because of involvement of ETFs and other major investors. But we all know how in all previous years, the last quarter of the year is when bitcoin usually pumps. So the chance of bitcoin correcting and pumping next month is possible. Are you waiting for that pump? or have you already been affected by FUD?

Maybe my math is too bad; if not, the bitcoin price is not yet down up to 15% from its all-time high. It has touched there before, but with the current price, it's not close to a 15% drop, but that's not the case here though, and in the area where he talked about the bitcoin circle, it can't be followed like before. I agree with him; we have so much in play now, which can contribute to the bitcoin price, which was not there before. In the past, when making our prediction, we should not forget about those things.

124.5x.85=105.825

so the op is wrong we did not drop 15%

124.5x.87=108.315 a bit more that 13% since the high

maybe we got to 107.8

right now we are 111k which is

124.5x.89=110.805 about 11%

so the op is off by a lot.

i have a question other than the covid flash crash the market has been up since late 2008.

so a 17 year streak of pretty good news.

and gold has been up since 2001 a 24 streak of good news.

so far btc has not been anywhere near 17 year up lifts or 24 year uplifts.

so maybe we are about to witness a five or six or seven or eight year upstreak for btc.

and the so called bear is nowhere in sight for a long time.

why post negative garbage because one day it will happen.

based on that we should all jump off a tall building since we are all going to die one day.