How does the current bear market feel compared to the previous one?
Any Forums veterans, I summon you
Based digits,
Unfortunately your digits confirms we are going sub 10k btc
Boring. Bring btc down to sub 10k and maybe I will feel something again.
checked. its worse than before. sentiment is we have 1n more leg down.
Let me put it this way. Btc can easily go down another 50%, but even if it didn't and bottomed out, this still would objectively be the most merciless bear market of all time.
This feels unironically like just before the dump to 3k.
People were calling this is the bottom while the price's crabbing
The duality of biz
Kek
There is nothing to look forward to anymore. It's all a dream
Came here to post this, I remember back somewhere in mid 2018 when everyone thought BTC was leveling out at 6k, it dumped violently to 3k, this feels like right before then
Faggot Bitcoin bear shills
I’m not selling my btc
I’m not selling my longs
I’m. Not. Selling.
2016 "veteran" here.
There are indicators[not on tradingview] that are pointing down to 15.3k But taking in consideration all the macro-economic issues the world is trapped in,i would say a wick to 11k is not out of the books yet. Depends how hard the stonks drop.
take care
It's not the same, but I still see a dump. That dump was from a huge ass descending triangle visible on the weekly time frame. Not only that, but we bottomed out at the 200w ma. It was also after a blowoff top. Currently, we are already under the 200w ma meaning we're actually worse off now than when btc crashed to 3k.
The duality of retards
Kek
where do you think we are going over the next 12 months?
Can't say for 2022. I am not bullish rn, but I have no idea atm. I just know a crash to even 9.7kish to fill the CME gap would not surprise me. September tends to be digshit for btc too.
I'm bullish as shit for 2023 though. Recessions typically end after 11 months which means December of this year should be the end going by averages. That aside btc typically only has 1 red year and then green years afterwards.
you guys understand that another lower low would invalidate ALL btc price models? yet you easily throw 10k targets.
People would just justify it as "just another 85% like every other bear market". But yes, many models would be invalidated.
All those models are based on 2 data points.
15k is bottom, it'll come soon, be ready
We are still going down. I am not calling any bottom, but we sure go lower. If you are holding any token, you can stake and go to sleep.I already staked my ride and utk on Maiar dex
Not even the same. It's tied to Nasdaq and couldn't be decoupled even if they wanted it anymore. This is nightmare scenerio not because of the potential losses but because there's 0 fundamentality left and isn't defi anymore. It's just a fucking toy money now that's been crabbing following stocks the whole fucking year. If I wanted to fuck around with stocks I'd have done that. There's nothing left in this scene.
Logically, looking at historical data, you should be expecting btc to get to 14k
03 fag here
This is the bottom
Maybe 10% more but basically bottom
Buying mils
yep. Btc is trash. I'm focusing on alts only for the next run. Btc is just Nasdaq on steroids. Jews tamed it.
2021 oldfag here, the bear market didn even started
We're probably not at the bottom yet but we are also probably through the worst of it. Recovery still seems far away but for the time being we are mostly just going to crab with a few minor pumps/dumps in between.
I don't know what the anons saying people thought 6k was the bottom last cycle are on about. The drop to 3k was a surprise but I remember the bears back then were calling for sub-1k BTC again. That never happened, just like sub-10k BTC is likely not going to happen now. As much as people get caught up in mumu euphoria, people can also get caught up in bobo dysphoria
ok, sure, but if models won't hold we'll probably never see ath again.
yepp, that's what I'm afraid of
Thing is this bear market happened in the same time a recession happened. Stocks go crazy when recessions end and btc follows stocks so basically we'll still have an intense bullrun. It's just not easy to see while being in the shitty bear market