Bitcoin & Altcoins: How Bear Markets have Ended In Previous Cycles

13 Comments

1. You are spot on hats off to you, down to 26-27k back up to not create a higher high then dump! 100% 19.5k subscribed.

2. Third

3. Thanks
   Shout out from Oz

4. I have a sneaking suspicion your gonna absolutely nail this. So many people are now expecting 20k or less. In fact i would say there's a huge army of people expecting sub 20k because they think the herd are expecting 20k lol. In my 7 year experience of crypto we NEVER hit those lower price targets people are screaming for. The 8k gap for example never got filled when were were at 10k, everyone called for it and BTC decided to just roll on to 60k. the list of gaps actually is long. What I would also add is if your a believer in diminishing returns you should also believe in the theory of milder bear markets. After all, everything is slightly less volatile as time goes on and the asset class matures

5. Ah Elliot waves, the colouring-in books of crypto analysis.

6. Hi Nick, I have a question. When you mean that we are close to the bottom, are you referring to that the next move up will likely take us to new all time highs once we reach this bottom? Or is this bottom just going to cause a little bit of a reversal to the upside before we go to a long term bear market? I would really appreciate a response. Thanks in Advance

7. Nowhere near the bottom IMO, at least 2 more months of lower lows.

8. So its looking to go to $23k?

9. 3rd

10. I agree, 23k for BTC is the most reasonable price for BTC to come down to in the TA. Maybe pushing around 22900 but with the 1-1 ratio is makes sense. Thank you guys for making these videos!

11. Waiting for payday

12. Second

13. first

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