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RE: Very Bullish Volcano: This Market is Moving Quickly

in LeoFinance4 years ago

They do line up, but you are looking at them on a month by month basis which is not likely how this is going to play out. The halving happened more than 2 months EARLIER this time around, which means technically we are actually in March of 2017 right now for comparison's sake. But either way, I don't think it's going to play out in a one to one fashion in terms of what month each correction occurred in, the point is that no correction was as large as you are suggesting this one should/could be.

Seasonality may play a role here, but even if that is the case and Q1 is bad or soft of bitcoin, the amount of weakness is not like to be as severe as you keep talking about.