I agree that we're in the Bear Trap phase of beloved BItcoin's life cycle
RE: What part of the Market Cycle do you think we are in right now?
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What part of the Market Cycle do you think we are in right now?
You think we are there already?
I do...I think once a new ATH would is made, it would theoretically be above the curve labeled "First Sell Off." Just my humble opinion, however
I don't think we have seen a big enough dip yet for that part of the curve personally.
how low do you think it can go? I guess I thought 3.8k was a pretty good dip! you think lower?
I don't think it will ever go below $10k again, and probably not ever below $12k again. I mean in that part of the cycle there will be roughly a 30% correction or so and we haven't seen one of those yet.
I see - I hope you are right as I will be buying that dip yet again
The only question is what price point that pullback begins around. Is it around current levels? $20k? $25k? I wish I knew...