I took a dive into the BTC/USD chart of Bitstamp and analyzed the past dips and pumps.
Every time BTC dipped down hard (like at the moment), it recovered way stronger than before!
I made want to present you some data beginning from April 2017 (including an attached chart):
馃煝 +1917% within 280 days
馃敶 -83% within 371 days
馃煝 +336% within 189 days
馃敶 -72% within 259 days
馃煝 +1585% within 399 days
馃敶 -55% within 70 days
馃煝 +141% within 140 days
馃敶 -56% within 182 days (now!)
What do you personally think? Do you think it's a good idea to buy Bitcoin or don't you think so?
Let us know in the comments!