This is what it was like on the 2018 bottom

This is what it was like on the 2018 bottom

Right now $19k is like the $3,500 range on the 2018 bottom.

NOW IS THE SAFEST TIME TO BUY

Attached: btc 2018 bottom binance.png (1508x705, 150.82K)

Bitcoin layer 3 will pump us to new all time highs. It will make all altcoins obsolete. NFT, smart contracts, privacy tokens, etc all ON TOP of bitcoin lightining network

>19k is the new 3500
No it's not. It's the new 6500 maybe. The big drop is yet to come.

cope

ya...no recession happening in 2018, or major war going on, your cope is unreal.

Can bitcoin layer 3 directly and securely interact with my bank account?

we're going to 11k for a while

> the boring opinion literally every twitter crypto mom has is definitely correct

We had ~3.5x gains for the 2017 20k top to 2021 69k top so the bottom will also be 3.5x so 2018 bottom was 3k so 2022 bottom will be 10k

Why do any of you think the next bottom will look the same as the 2018 bottom when the previous top was in no way similar to the 2021 top?

everyone expecting 10k are the same people who said BTC would hit 100k. Sorry user but these types of targets just don't happened for this reason, sorry

Correct, "one more big drop" is the consensus now. You know what that means? That's right. Several more big drops.

this is a decent arguement. Im just going to reply with have fun staying poor

Yeah bro, just like when everyone expected one more pump to 100K, actually several big pumps happened to 250K am I rite

There wasn't hyperinflation, a speculation bubble in every market, european wars, energy crises, mass pandemics and a supply chain collapse in 2018.

this is kind of sentiment exactly why bitcoin is going to 3-4k

the 2018 drawdown was 85% from peak

to replicate that we'd need to break 10k

nah bruh, we are at the $6000 price range when everyone was saying this is the bottom and then it dropped hugely to $3000. thats when everything finally died and the new bull could grow.

2018 it went up 15x from the previous high
2022 it went up 3x from its previous high

would expect the drawdown to be much less too. It seems abnormal that it even got down 70%

marketcap is much bigger now, it's normal to go down 70-75% instead of 85%
even 60-65% wouldn't be surprising and we're already past that
17k was the bottom, and the same way people were greedy and didn't start to sell over 50k, people are being greedy now by not buying under 20k

No 10k bottom, it will crab around the 10-13k levels for a few mints to demoralize everyone before an uptrend. 2-3k is bobo euphoria and people waiting for these prices will miss accumulation

welp stay poor i guess