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RE: How long will it take for Bitcoin to reach $20,000 again?

in #bitcoin6 years ago

It is an interesting thought to ponder @penguinpablo. I really had not given it any consideration.

Here is what pops into my head. We have a lot more players than we did in the past, most notably Wall Street. So while I would say we could be in a for a fairly long recovery, the itchy fingers there could move things quickly.

In most markets, it takes twice as long for an asset to move up as it does for it to go down.

For that reason, I will say 102 days....although I know crypto is like no other market.