Historically speaking, Bitcoin has had 3 major bear markets
2011
- price decline: -93%
- days to bottom: 161 days
2013
- price decline: -85%
- days to bottom: 413 days
2018
- price decline (thus far): -83%
- days to bottom (thus far): 371 days
I am expecting the bottom to come somewhere in 2019 with a buy zone between $1200 - $2900.
Twitter: @tom__budd
2011
- price decline: -93%
- days to bottom: 161 days
2013
- price decline: -85%
- days to bottom: 413 days
2018
- price decline (thus far): -83%
- days to bottom (thus far): 371 days
I am expecting the bottom to come somewhere in 2019 with a buy zone between $1200 - $2900.
Twitter: @tom__budd
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.