This was the capitulation event?

From 6k to 3k (The Halvening) in a couple days.

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shhhhhhhh

Yeah $3100 is the absolute bottom

Give me a rundown on the halving

it will probably go to about 1,800 over the next 9 months.. but no one is fucking selling any lower than that

>we will never see below 6k, muh mining costs

Whats the true bottom then, asshole?

Like 200.0 USD...

either 3k or 1k

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im gonna take willy's advice and place buys accordingly
>3-5k bottom with possible wicks down to 2k

but, according to armstrong economics
>A year-end closing below 4150 will point to a drop back to 775 area.

Capitulation is between 1k and 2k. No we won’t see triple digits.

>implying

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1k means a -95% decrease. Even I would buy at these prices

Bakkt will be postponed again and there is no hope

If you liked it at 6k, you’ll pick it up at 5k, 4k, 3k, 2k, and by the time it hits 1k you’ll be questioning your life choices and staring at your initial losses.

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retesting previous top ~ 1200$ high volume / RSI completely oversold

just like in 2014 when the price dropped to ~160 witch was the closing price of the first bubble of 2013's candles

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Negative, reversion to Bitcoin's mean of $1,500 is the capitation event. Will happen Jan-Feb.

Hey man, what's the function that's plotted there? The fit is pretty good

just tax selling and people buying presents for chinese new year. this happens EVERY YEAR

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