the bitcoin dump is already happening and bitcoin have dropped massively to $7700 i guess this might be the best time to buy or we should wait a bit longer to see if the dumping will continue??anyways great analysis from you @edicted
Posted via Steemleo
Yes, If Bitcoin crashes significantly under $7500 I would be very worried. Like, say if Bitcoin was sub $7000 for over 3 days. That would essentially break how consistent this doubling model has been over the last 7 years.
2020 Bitcoin baseline values.
Yeah honestly I would say buy now... It's exactly between that $7467 and $8000 level... and we are right in the middle of the month. We are at the doubling line right now. Exciting to watch it bounce off once again.