/biz/ - Business & Finance

>>50046784
>>50046952
>>50047341
>>50048264
>>50053088
2013-2015
BTC: $1,127 --> $200 (-82%)

2017-2018
BTC: $19,423 --> $3,217 (-83%)
ETH: $1,448 --> $85 (-94%)

Current cycle:
BTC: $67,167 --> $27,682 (-59%)
ETH: $4,815 --> $1,466 (-69%)

-83% BTC from ATH is $11k, if you think that can't push Link to $2-$4 range, under the macro conditions of "permanent inflation" and recession, then idk what to say other than to ask what exactly makes you think this time is different other than your emotions?
>t. 10k link baggie down bad

>>50031841
maybe a steady boom to $70, there is precedent for 10x link in bear markets, but the macro for btc/crypto is that we have never seen a recession so anything can happen.

consider this release from YC advising VC's on market conditions.