This is the slow boiling frog dump. This happened last year after the big spike to 260 and resultant crash to 50. Price bounced back to over 150 and then traded around 100 for a long while slowly drifting lower over months before an accelerating fall to 65 in July.
We are pretty much stuck between 600 and 800 and will probably accelerate to 400 sometime late Spring early Summer and then bounce back.
We are pretty much stuck between 600 and 800 and will probably accelerate to 400 sometime late Spring early Summer and then bounce back.
Very exact prediction. Which night did you dream this?
What this prediction does not take into account is that the volatility, and periods in between price spikes, should both be lessened as adoption and price both increase.
I wouldn't be surprised if we've already seen the most of this post-$1200 period. Too many new merchants accepting, too many financial instruments in the works, too much regulatory attention.
Too many people expecting a crash on the 31st... the possibility of it has already been priced in. Anyone who really thinks it's going to crash has already SODL.
I'm liking SODL as a word. Is SODL the new HODL ?
Darned - I'm always behind the times
