You are viewing a single comment's thread from:

RE: Bitcoin Bubble Comparison

in #bitcoin6 years ago

Thanks for your input. I looked at your chart and it doesn't appear to take into account capitulation / creating a new low below $5,750. I think that there is < 10% chance that area of support will continue to hold after a fourth lower high was established. If we do breakdown that support then it will become very strong resistance. If that happens then I think there is < 1% chance that we make it out of this bear market by the end of the year.

If that happens I will not say "I told you so" because rubbing salt in someone's wounds is despicable behavior and it brings me no joy. Furthermore I am an adult and I have better things to do with my time. Cheers!

Sort:  

Ah sawcruhteez, I didn't mean to be nasty in any way! Have a brotherly high 5 🙏