We are now living the last step of the bear market, last hopes have to be erased from all investors to start a new and fresh cycle.
In this graph, I have just decided to extrapolate past result from the 2014's crash.
That's a realistic view I think. Very pessimist in the short term, but rewarding in the long term.
I like this scenario because it says that this bear market would end around end of Q1 2019, and that's compatible with the validation of ETFs and all the institutions and BAKKT stuffs...
Also, it explain pretty well Tim Draper's prediction, with BTC around 250k$ around 2022.
If this scenario happen, if you buy now you may suffer and wait a long time before just break even. Who knows what bitcoin can do ?
Who is smart or lucky enough to catch the bottom ?
In this graph, I have just decided to extrapolate past result from the 2014's crash.
That's a realistic view I think. Very pessimist in the short term, but rewarding in the long term.
I like this scenario because it says that this bear market would end around end of Q1 2019, and that's compatible with the validation of ETFs and all the institutions and BAKKT stuffs...
Also, it explain pretty well Tim Draper's prediction, with BTC around 250k$ around 2022.
If this scenario happen, if you buy now you may suffer and wait a long time before just break even. Who knows what bitcoin can do ?
Who is smart or lucky enough to catch the bottom ?