drshoe

major cryptos are over since beginning of the year, don't fight

Short
BITFINEX:BTCUSD   Bitcoin
I've been invested in bitcoin -2.19% since 2012, bought and sold here and there.
Bitcoin -2.19% is a volatile beast and the bear market usually comes with 90% decline. just look at the history yourself. I've been through 3 so far
with a huge appreciation from 200 to 20000 since 2015, such appreciation always have a bear market right after for any asset classes in history
this chart is my idea of how this is gonna go. note that I do not actually think it's going back to $100, yes $100 that's not a typo but there might be a chance.
my more optimistic analysis tells me that it could bottom around $1000 - $2000. but in a more extreme scenario, it could be the half of the starting $200 price in 2015, so the price target could be $100
again, i could be very wrong and market could surprise me

just wait for this to consolidate and then buy some, no need to fight the trend right now. there were a lot of money made between 200 to 20000. if you missed that, then you should not be part of this game right now, reflect on yourself and ask yourself how could you possibly missed that move??
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