MKBHD roasted by Kraken exchange for bearish attitude

franky1

legendary

Activity: 4410

Merit: 4766

Quote from: avikz on Today at 12:40:39 PM

Well, Bitcoin has always shown a bear season after attaining an ATH. That happened almost every single time. So the question is pretty valid. But no one can say for sure because we all want miracles to happen.

This is hilarious for sure! No doubt! But historically, Bitcoin has indeed shown such trend. Every dip is an opportunity..

this (november) ATH is not the ultimate ATH of this 4year cycle, the true ATH of this cycle will hit in 2025. and a dip correction before end of 2024 wont be a 'bear season' but simple a minor dip/correction(some could call it a cub(baby bear))
the true bear/ correction will be after the 2025 ATH.. so a dip/correction before end of 2024 wont be a "bear", just a dip/cub

speculation is that value-bottom is still swinging around $60k and that 'could be' tested before year end, and before the start of the real ATH in 2025

avikz

legendary

Activity: 3080

Merit: 1500

Well, Bitcoin has always shown a bear season after attaining an ATH. That happened almost every single time. So the question is pretty valid. But no one can say for sure because we all want miracles to happen.

This is hilarious for sure! No doubt! But historically, Bitcoin has indeed shown such trend. Every dip is an opportunity..

franky1

legendary

Activity: 4410

Merit: 4766

to be honest, alot of whale chatter are talking about a buying spree under $100k now, but then do some quick dip/corrections before year end to claim some tax deductable(unrealised/paper) losses before the end of december tax year end... and then push for a january beginning $100k+ ATH in 2025

NotATether

legendary

Activity: 1568

Merit: 6660

bitcoincleanup.com / bitmixlist.org

See for yourself:

OOF!

An exchange is probably the last entity I would support, but this is hilarious.

It's bear (hunting) season now, so I wouldn't be a bear if I were you.

Topic: MKBHD roasted by Kraken exchange for bearish attitude (Read 21 times)