THE BITCOIN CRASH LOOKS STRANGELY FAMILIAR

[fabiorem]

Or, you could look at the 2013 bitcoin "bubble".. Took almost a year to get down to mining cost levels, stayed there for many months and then started to climb for the halving. Next one should be in 2020.

The 2013 bubble didnt have consolidations, it was straight up to the top, only green candles.

https://bitcointalk.org/index.php?topic=178336.msg29420259#msg29420259

[Viper1]

Or, you could look at the 2013 bitcoin "bubble".. Took almost a year to get down to mining cost levels, stayed there for many months and then started to climb for the halving. Next one should be in 2020.

The 2013 bubble didnt have consolidations, it was straight up to the top, only green candles.

https://bitcointalk.org/index.php?topic=178336.msg29420259#msg29420259

Don't know what that has to do with anything. If anything it would imply that the slide downward would just take longer. But whatever, I have yet to see any person giving any sort of technical analysis be correct 100% of the time, especially in crypto as it's a completely different beast. They always throw out a handful of scenarios and they're bound to be correct with one of them.

[jimrome]

As a lot of you have probably noticed, the cryptos are not doing so hot right now. If you were smart and looked at history, you would have known this was going to happen. You would have cashed out at the peak and bought back in when it hit its all-time low. Were you one of those people?

We had a great run last year and never expect the same kind of run all the time,no market can sustain that level of growth all the time,you need to have market corrections once in a while and i did book my profits before the correction started as it made no sense to push the market beyond $20k as it was a milestone. I am waiting for the market to settle to re enter.But i purchase some coins when the market went below $6k.