Bitcoin Historical Corrections since January 2012
7 years ago in #dmania by michaelmorcos (64)
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this might be the biggest correction :)
the reverse is also true , we might have the biggest surge in history, maybe an ATH of $50000/1BTC
Definitely if you look at total delta in price.
the correction was coming for those who saw it , whenever it hit a ATH we always see a correction
Very necessary perspective. I love that you took the stats and analyzed them this way. The only thing that bothers me is looking at the charts with 3-year perspective looking at how long it took Bitcoin to return to $1000. It took a damn long time. It might be a long time before we see $10k again, let alone $15k.
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Cryptocurrency market has high volatility . So everyone know that. Thanks for your post
According to coin marketcap it did break 20k. https://coinmarketcap.com/currencies/bitcoin/historical-data/?start=20171105&end=20180205
Nice Post :)
Great post i upvoted it!
Hy @michaelmorcos
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I believe we are in a strong support price, around $7,500... if you have liquidity, now can be a good moment to buy.
Yes. This is a good entry point, obviously with the hope that the markets look green soon.
gazooa~~~
Very necessary perspective. I love that you took the stats and analyzed them this way. The only thing that bothers me is looking at the charts with 3-year perspective......
So we now know this is a moderately long correction...the only question is whether it returns to a bull market within months or years..
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Thanks for your explain, but do not worry in this year we going fly, because bitcoin will have the wings... trust me we can fly but care you self at landing time. see yeaa...hehehehe.
This should put my heart at ease.
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how are your predictions going forward
Are we at the bottom yet, please?
Nice post that puts the correction in perspective. It gives a different view. Congrats!
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This one hurts for sure!
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Great analysis it seems fixing well, I support u and ur work, well done
lets go 12 bucks again then maybe can afford to buy some!
This is a nice list with some great facts. THX! People should come down.
I have upvote have you do not forget upvote have me, thank you friend hehe 😀
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In $ value it sure is the biggest corrections ,hope sth positive as well haapens after it !
This will pass. It may pass like a kidney stone, but it will pass. HODL!
the redress was desiring the individuals who saw it , at whatever point it hit an ATH we generally observe a remedy
thanks for excellent sharing and statistics
Wow nice keep calm and hodl everything thanks
This post has received a 6.28 % upvote from @boomerang thanks to: @michaelmorcos