Back in 2017, around November, there was a massive drop from 7700 to 5760 or so (25% decrease), you know what happened two weeks later? Price went up to 11300. From 11k it went down to 4-digits again, especifically 9300 (18% decrease), and what happened next? We touched 16k. We saw similar behaviour all the way up until we touched the last ATH.
So, these massive price swings are common in a bull run. Right now, I don't expect a massive crash, quite the opposite, i'm expecting the price to go above the 13k barrier in the upcoming weeks. In the event that the price actually continues to go down from here, fine by me, cheap is always good.
Topic: 2017 Crash DejaVu? - page 3. (Read 711 times)
Jesus Christ, I hope not, We were just starting to see the optimism growing. I don't want to go back to a crypto market that sleeps for months. It's like to go back to the Middle Ages.
I don't know what the fuck happened today, but we got a good slap in the face. A $1500 slap actually...
Fuck, it's always easier to crash than to pump
I don't know what the fuck happened today, but we got a good slap in the face. A $1500 slap actually...
Fuck, it's always easier to crash than to pump
Is it me or are the 2 last monthly candlesticks looking eerily similar? Similar uptrends before as well. Could we experience a huge crash like in 2017 again? At least the RSI is not similar but still
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