2008 + 10

it has been sliding
then we had the worst possible news in the worst posible spot, annnnnddd nothing

Nop, I don't think so: if you can't touch the stock market because everything is shit then crypto seems a much interesting alternative.

Also, drug consumption always go up when we are in the middle of a recession.

Honestly, we are probably going to have to see the dollar/euro inflating a lot to see an insane btc move again.

>annnndddd nothing

except we keep finding a new bottom every single month. most morons even in the traditional markets haven't realized how dire things are because if they did metals would be skyrocketing

Oh and look, sliding downwards again. We're still in a bear market

yeah there needs to be blood on wallstreet before btc moves in an opposite way i think. It really depends on who the market maker is (probably the banks somehow)... if that is the case, they want everything to bleed as much as possible at the same time and accumulate everything low

ok, but the sliding is on technicals
the events prove crypto is non correlated asset

the stocks are literally in free fall
and gold will start sliding too, because of the interest rate, the current spike is just reactionary, people seeking escape from the stocks

yea they are probably going to paint a shitty head and shoulders then make it look like its goin up, sell some more to plebs then slam down to 2700

somewhere between these two lies all probability

I was pretty damn sure that before 2021 we'd have a major financial crash and then recession and liquidity crisis possibly followed by overcompensation by regulators and state actors (including reducing interest rates by the fed) leading to possible hyperfinlation or stagflation. some time sometime before 2021.
The bubble letting out this much air prematurely in a minicrash and no domino effect calamity being triggered yet, coupled with the FED continuing to increase interest rates, is making me reconsider my prediction. I think this bubble might have actually been handled well this time, being partially deflated before it got the chance to really pop. It's looks like a "managed crash", almost.

The next few months will be absolutely critical. We now know interest rates will be raised 2 times in 2019. Whatever can be priced in prematurely is known. What remains to be seen is if this level now (many stocks down 50%, some of them illogically so, most of them logically so) holds as a support level. The next 3 months will tell us if this is the case, or if we're looking at further downwards movement in general. If we don't find support around this level, some highly leveraged institutions might go under and cause a domino effect on the financial system. If we do find support around this level, we're looking at upwards correction of at least 30% from current prices on average over 2019, the serious action starting in early summer and the fomo kicking in autumn.

One of 2 things.
Crypto is usually coupled with the stock market if it remains so, we will tank like never before but, if crypto remains even remotely stable, the money from wallstreet will trickle down to us from the gold buyers and we will moon.

Prob a major dip before that though. the crypto train has departed so wall street will pull it back to the station.

If we enter a socialist government after the next crisis (highly possible) crypto (specially privacy based ones) will also skyrocket