Wekkel
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Activity: 2758
Merit: 1375
yes
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January 20, 2021, 07:58:26 PM Merited by JayJuanGee (1) |
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Let's have a look at the previous bull market. https://i.ibb.co/r3w1D9K/2017bull.pngThe first leg up lasted for 79 days with 224% gains. The following correction lasted for 34 days, ending with a big fakeout (-39% from ATH) before the next leg up. Looking at the other corrections, we can see that they all ended in a similar way, with a big dip before going up again. Now let's have a look at the current market. https://i.ibb.co/JkPcFvn/2020bull.pngHere the first leg lasted for 93 days with 295% gains. The currect correction that we are in right now have resulted in a 27% dip so far. If the current bull market will behave anything like the previous one, it would indicate that we are in for a bigger correction before going up again. But hey, what do I know. This time it's different TM, right? (Sorry for the big pics, but they became unreadable when I was trying to scale them down) Thanks for the comparisons. This provides some perspective on the current correction and what we may expect the next few months. I'm afraid the shake outs will still scare traders/hodlers out of their coins and leave them in the dust when the rally resumes. When will they learn just to HODL  |
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erre
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Activity: 1484
Merit: 1128
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January 20, 2021, 08:09:45 PM |
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THIS IS FINE! (at least so far) and if we broke through the bottom at the end of the triangle, than we are fucked or more "buy the fucking dip"-again ...  Seems that the 24 hours are critical, to the moon or definetly death |
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Gyrsur
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Activity: 2674
Merit: 1434
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January 20, 2021, 08:18:12 PM |
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OutOfMemory
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Activity: 392
Merit: 540
IIRC
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January 20, 2021, 08:30:04 PM |
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THIS IS FINE! (at least so far)and if we broke through the bottom at the end of the triangle, than we are fucked or more "buy the fucking dip"-again ... Seems that the 24 hours are critical, to the moon or definetly death This is sooo.... binary  WO became a lil bearish, it seems? |
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dieselmeister
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January 20, 2021, 08:31:46 PM |
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Texts the girl, that has probably several decades of psychological therapy ahead... So nice future Greta 😂😂 |
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dieselmeister
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January 20, 2021, 08:33:13 PM |
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THIS IS FINE! (at least so far)and if we broke through the bottom at the end of the triangle, than we are fucked or more "buy the fucking dip"-again ... Seems that the 24 hours are critical, to the moon or definetly death This is sooo.... binary WO became a lil bearish, it seems? Sorry, if we break through the roof, moon is the next move... |
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vroom
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January 20, 2021, 08:40:41 PM Merited by JayJuanGee (1) |
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Florida man goes home after four tumultuous years in public office.
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Globb0
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Activity: 2520
Merit: 2019
Orthostatic Tremor 16k
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Jobless guy breaks travel ban
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explorer
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Activity: 1764
Merit: 1237
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January 20, 2021, 08:51:33 PM |
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This pullback on relatively low volume. Interesting...
Seems impossible to imagine we are done with this cycle's run. And bitcoins fundamentals have never been so crazy-bull. I remember so many of these in 2017.
Wonder if we gotta bounce off the bottom of Explorer's channel?
Boing!  Now to hang on to it... |
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Krubster
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January 20, 2021, 08:56:14 PM Merited by BobLawblaw (1) |
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I think we all can relate...  |
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Mbitr
Sr. Member
 Online
Activity: 770
Merit: 424
Financial aid for users: https://bit.ly/2SMY8gi
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January 20, 2021, 08:57:04 PM |
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Never cross a women - they never forget  Greta’s long game is exceptional  |
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El duderino_
Legendary
Online
Activity: 1344
Merit: 4963
Let's LASER together #DUDEphilosophy
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January 20, 2021, 09:17:45 PM Merited by BobLawblaw (1) |
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OutOfMemory
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Activity: 392
Merit: 540
IIRC
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January 20, 2021, 09:24:33 PM Merited by BobLawblaw (1) |
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Why is she always looking like she forgot to pull out that buttplug?
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LFC_Bitcoin
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Merit: 4331
One of the world's leading Bitcoin-powered casinos
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January 20, 2021, 09:27:02 PM Merited by BobLawblaw (4) |
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Why is she always looking like she forgot to pull out that buttplug? She’s probably unsure if she’s shit herself or not. Old age is a bitch. |
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OutOfMemory
Sr. Member
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Activity: 392
Merit: 540
IIRC
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January 20, 2021, 09:32:33 PM |
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yesterday it was about -25k in 24h Why is she always looking like she forgot to pull out that buttplug? She’s probably unsure if she’s shit herself or not. Old age is a bitch. Either we were thinking the exact same, or it's just too obvious |
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xhomerx10
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Activity: 2674
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Go! BTC Go!
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January 20, 2021, 09:34:38 PM
Last edit: January 21, 2021, 03:57:22 AM by xhomerx10 |
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The poor girl! She'd been planning that for 4 years and Jack pulled the rug right out from under her with his permanent suspension of Trump. edit: As it turns out it wasn't 4 years; only about 1.5 years. |
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xhomerx10
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Activity: 2674
Merit: 3681
Go! BTC Go!
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January 20, 2021, 10:18:27 PM |
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Krubster
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January 20, 2021, 10:29:24 PM |
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Fuck it, I'm just going to say it.
I hope you are going to do better this time.
Sincererly,
Europe
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