We can just watch BTC price @ this moment. Near ATH, some exchanges new ath, lot of emotions, lot of money for Bitcoin. My theory is to just buy more Linkdown bcs I wait next BEAR MARKET. Imagine that the LINKUP and LINKDOWN just switch places? Is that possible? Yes, when BTC does he's thing. So just long hodl and small bags for it...
1. It is absolutely impossible to know or calculate how much money it takes for btc or any other asset to grow from x to y. No one knows what orberbooks will look like and how deep they will be, neither sell nor buy side pressure. Theoretically it can grow 100x for a hundred dollars or 0.01x for millions of dollars. It depends on supply and demand, turnover and...
I mentioned that broken parabolas retreat on average 80% when measuring the movement from where the parabola started, to the very top / crack of the parabola. The figure of 80% is "average". And then here I shared a few examples of parables from various markets, as well as BTC parables that happened before and how much those movements retreated before growth...
TP1 @0.23, TP2 @0.31, SL below 0.135. Thank me later.