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Topic: How low can the next bear market go? - page 2. (Read 313 times)

full member
Activity: 2520
Merit: 204
May 20, 2021, 07:18:55 AM
#2
this is what I love in crypto market ,  when the market starts to spike up then the community will talk about How high it can be but when the price moves like now then this kind of topic starts to rise.

How low market bear can ?

the market starts falling like 30,000 early today so if that would be the lowest then that means x2?

anyway i don't see it coming so i will not bring my speculative for now because all i wanna see is growth .
full member
Activity: 621
Merit: 108
May 20, 2021, 07:07:18 AM
#1
Disclaimer: I'm not saying we're in it already, nor I'm saying opposite. Just thoughts.

I was kinda curious and attempted to search historical price data for 2013, 2014, 2017 and now.  Most sites (even respected ones) don't reflect absolute correct numbers, so if yours differ please don't rub it in too hard LOL. I was hoping to find some sort of proportion basing on past pumps, but the numbers I came with are rather chaotic, maybe someone else will have thoughts on this, too.

So:
2013: 13.5 => 182 = 70                       Grow x13 fall x2.6
2014: 120 =>1019 => 201                   Grow x8.5 fall x5
2017: 826 => 19499 => 3232              Grow x24 fall x6
Sep. 2020-21: 10245 =>64800 =>??    Grow x6.3 fall ??

At this point I failed to find any proportions to base estimates on (apart from the fact that X low > X-1 high).  What do you think?

[Edited] If 64800 isn't going to be a new ATH and bitcoin will go higher then it's two unknown values, makes it even more interesting for a mathematician.
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