RE: RE: Bitcoin Bubble Comparison
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RE: Bitcoin Bubble Comparison

RE: Bitcoin Bubble Comparison

Thanks for your input. I looked at your chart and it doesn't appear to take into account capitulation / creating a new low below $5,750. I think that there is < 10% chance that area of support will continue to hold after a fourth lower high was established. If we do breakdown that support then it will become very strong resistance. If that happens then I think there is < 1% chance that we make it out of this bear market by the end of the year.

If that happens I will not say "I told you so" because rubbing salt in someone's wounds is despicable behavior and it brings me no joy. Furthermore I am an adult and I have better things to do with my time. Cheers!

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