Bitcoin Historical Corrections since January 2012
6 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
thanks for excellent sharing and statistics
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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