Bitcoin

Bitcoin going parabolic again, after completing 100% up-move from it’s $3,100 (local) bottom



Bitcoin going parabolic again, after completing 100% up-move from it’s $3,100 (local) bottom



View Reddit by coinsmash1View Source


12 Comments on Bitcoin going parabolic again, after completing 100% up-move from it’s $3,100 (local) bottom

  1. parakite

    it does not show the crash from about $32 to $2.

    plus only 80% plus crashes count as horrific in bitcoin.

    and there have been three like that. this graph shows two of them.

    20-30% down is a correction in bitcoin.

  2. pirateninjamonkey

    It is so funny all the doom and groom guys go back in the woodwork when Bitcoin starts to go up. I remember when it hit $4,000 being told by someone it would never be above $4,000 again and it would drop lower than $1,000. Most people were agreeing with him. Then when it is going up, all those users are nowhere to be found.

  3. Lord_Mat

    And many are now regretting and lamenting with that “If only I had (fill in)…”

    Bitcoin was there for the taking at $3,300 five months ago. Those who averaged their buys – and kept to this strategy – would have bought some at around here. And at slightly higher when it crept upward. Ignoring all those _anal_ysts with their charts and lines who insist BTC was going lower still.

    With Bitcoin, averaging our buy prices works. Plus remembering to also sell some when there are sudden spikes. This ensures we always have smooth cash flow, and able to buy again when others panic sell.

  4. Thrgd456

    It’s on again. I have high confidence that we will see a significant rise and then another dramatic fall. Might as well get on for the ride up.

  5. banditcleaner2

    What’s the source of this graphic? Was this predicted at the very beginning of the recent bubble crash or something? I dont understand quite why the date isn’t listed. we know the day that it hit $3538

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