BTC_maximalist

Buy the Dip - 30% BTC Correction

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BTC_maximalist Обновлено   
BITSTAMP:BTCUSD   Биткоин
PLEASE CHECK ADDED 2017 PICTURES IN COMMENTS

In the 2017/18 Bulltrend BTC tended to dip between -30-40% several times

As we see one bigger correction started at ~2x ATH and was at -38%

Since 2019 it seems to have changed to 20-30%.
-20% would mean we correct to 33k.
-30% would mean we correct to 29k.

I believe that this could be the dip-metric for this bullrun, because, as gains getting smaller, so will dips.

If we would get deeper, i think -40% (~25`000) would be the limit.
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If valid, we could be at halftime already. Some more squeezing ahead. Also possible that RSI go down much deeper (if correction lasts 2-3 months) , which could boost 60k.
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I guess that the correction could be much shorter than expected, like already happened at my 18k analysis.


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