/biz/ - Business & Finance

>>10009968
Bottom was -80% down and took almost 2 years to arrive.

Stop it OP I can only get so hard

Too much hype around crypto now for it to stay dormant for that long. People will start to buy up en mass if it goes all the way down to anywhere near $2k

1 pls

>sideways
MTGOX or not BTC went from $1000 to $200, $20000 to $5000 more or less is the same ratio. But I guess that over the years we could crash more.

>>10009981
>and took almost 2 years to arrive

That's just more proof everything's accelerated now. We're already down about 70% from the all time high

>>10009968
wont stay that dormant for that long.

BTC's fall to capitulation is happening about twice as fast as it was n 2014. Factor in that all it will take is one really big investor cleared to initiate a type of fomo again and start up the next cycle.

2 years is way too long. Right now were in a contest of who will sell first.. once the bottom is in, it will be a contest of who will buy first.

>The past predicts the future.

It's over. There won't be anymore greater fools to buy your bags.

>>10009968
need to have a nice steady gradient for people to go spastic. You can almost see the snowball effect of people talking about profits. Or bitcoin could completely bleed into other alts.

>implying any random event causes the market price dump from 20k to 5700$ and not orchestrated panic inciting dumps of thousands of BTC from long term holders/people who have millions and want to see BTC burn

>>10009968