Graphic by Coinmarketcap.com
History repeats itself. Bitcoin enthusiasts you're not defeated. In fact, price for a bitcoin is quite logical and healthy in it's pattern. If we go from 2018's crash from 20,000 to 3,500 and 68,000 to 13,600 in 2022 we're looking at 80% drops. It even happened in April of 2013 as well.
Below is what you want in the growth of a business.
In four years going from 3,500 to 13,600 is a 300% gain! That is a very big return.
You may disagree with my evaluation of price in the near future for bitcoin and that's okay. Feel free to put your guess for bitcoin price in the coming future down in comments.
History repeats itself and look what I was writing back in 2018
As always, this is not financial advice, just my opinion
P.S. I'm writing this and price will some how go to 21,500 even if there is rising interest rates, war, concern of a global recession, and rising gas prices. If things get too scary, don't worry, Elon Musk will reveal to us that doge is the answer.
