im gonna take willy's advice and place buys accordingly
>3-5k bottom with possible wicks down to 2k
This was the capitulation event?
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
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.
0
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
Negative, reversion to Bitcoin's mean of $1,500 is the capitation event. Will happen Jan-Feb.