Topic: This is not "it" - page 3. (Read 3612 times)
Not sure any bull thinks that this is the hyperbolic phase... ppl see the 160 low as the capitulation and now we could have up to a year of slowly rising (on average) prices.
Bull markets don't start at "last red".
Ok, maybe I misused the term bull market. I was referring to the fast, sharp rise we've seen before reaching a new ATH.
At best you are here (after 2011 bubble).
Bull markets don't start at "last red".
Nice painting!
So I've been seeing quite a lot of positive threads, and the feeling in general is quite bullish.
While I also had the same sentiment, I was recently looking at the charts (Bitstamp, 1 week) and noticed this:
[please excuse my 2 year old paint skills]
[when I say "looking at the charts" I mean it literally, no TA skills whatsoever...]
It seems we're going quite slowly. The last bull markets started quite fast, while these last weeks look more like what anticipated the final "crash" before the real bull run.
So basically, I think we'll still see another crash before the next bubble starts.
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