Let's zoom out and look at the whole journey of Bitcoin since 2011 on an Heikin Ashi chart. We might think corrections down to 93% is unreal, but look how possible it actually is. Do you see the pattern?
2011 - 93.61%
2013 - 75.40%
2013/15 - 86.96%
2018 - 84.22%
2019 - 72.02%
2021 - ?
Sure, if you look for hopium, you'll find it. With half of Bitcoin network is now offline, Binance being banned in UK, i don't see any reason for this correction to stop at 50% and even re-visiting $13k doesn't look off the charts.
Change my mind.
2011 - 93.61%
2013 - 75.40%
2013/15 - 86.96%
2018 - 84.22%
2019 - 72.02%
2021 - ?
Sure, if you look for hopium, you'll find it. With half of Bitcoin network is now offline, Binance being banned in UK, i don't see any reason for this correction to stop at 50% and even re-visiting $13k doesn't look off the charts.
Change my mind.
Comment:
So, when Lambo?
Comment:
I sold my car and i'm not buying Bitcoin
Comment:
Looks like 16k is playing out
