/biz/ - Business & Finance

>>12796178
We are going to 2k.

>>12787934
>top fuckin kek, imagine not believing in TA

Imagine only looking at one bubble and missing the forest for the trees.

>>12700909
I don't think its over. I think there will be one more big red candle down to 2k

>>12686706
What kind of ta is this?

>>12676036
We are not at the bottom

>>12635624
When comparing the current Bear Market with the previous one (2014-2015), we see that many similarities are present. Bitcoin has been mimicking the past bear market like unreasonably identical.

The main question is: How will the current bear market be different than the previous one?

Collective behavior of people can be very similar, which may mean that the same general pattern will show up again.

Possible difference could be:
1) we go even lower %-wise than the last time;
2) The cycle could be dragged out much longer.

We are convinced that the relation to the 200-Week MA is gonna be one of the big separators of the current technical picture of the bear market vs the last one. That means we will go below it.

Here is why the 200-Week MA will break