Back in February I remember a whole bunch of dudes saying buy bitcoin, it's an amazing price of $6000 and you'll never see a chance like this again, it will just go up from here and you will be kicking yourself. Then it did indeed start going up over the coming months, it even reached $11000, nearly double they were saying, you've missed the boat.
But look where we are now. We are at the same February low of $6000. My point is history, and prices, all repeat themselves. Opportunities do come round again. I can say to those people that said to buy in Feb that we are at the same point, and the same opportunity is there again.
(Or is it? I know a whole load of people are saying it's going to fall below $6000 and may even reach $5000. So there will be opportunities. Feb was not a special time).
Uhm, actually they don't. In february it went from 6k to 12k. After that it crashed again to around 6k, that time it only recovered up to 10k. This time if ''history repeats'' as you say, we would have to see a recovery lower than 10k, possibly 8k. Your argument is a fallacy.
The real pre-December bubble bottom was around September 15, in other words the $2992 ish dip, all the way up to $20000, so if we are able to sustain the current bottom, it would be way easier to reach $20,000 again and potentially go above it.
Look at the chart again and you'll see it only took two months. So in two months we can reach $22,000 ish again, we are able to sustain last February's bottom as the definitive bottom.