WHERE ARE WE NOW

First sell off/ Capitulation

return to normal bulltrap, since most of biz fell for it
i mean nothing wrong with buying at 6k, but most you will fail to sell it at profit, just like you missed selling ath

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Don't you think it's pretty obvious?
Look at the bitcoin graph and tell me it's not return to the mean..

>take off

we're at valuation

it's way too early to say that. the volatility has months before things settle and people lose interest.

change media attention to government attention
we goin up

Hahahahahahaha.
You must be Joking .
Can’t be that retarded

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Taking a detour between fear and capitulation

Hhahahahhahahahhahahahha. Man, this 12 year olds are incredibly stupid.

>tell me it's not return to the mean
it's not return to mean if you zoom out out the most bullish year of bitcoin to see where the actual "mean" is

What price will BTC be at when it hits the paradigm? my guess is 200-300k

inb4 in 1 week or so the pink wojaks flooding in

First sell off.

>Log chart of total market cap including Bitcoin. The market has been up for what, 8 years? Look at all other markets which have around the same cap and higher, they have all been around for 20+ years.

Agreed. We're back to mean and entering stealth phase again.

Anons who are new take note of this. This bubble chart is cyclical. It is very rarely a one shot deal and BTC has gone through this pattern a few times already, reaching new all time highs on every iteration of the pattern.

Capitulation.

yes yes user you are right
'cyclical' being maybe sometimes not 'round' but there is an adoption phase

IMO: Tech goes through expansion and contraction where tech is wild-west then contracts. Blockchain tech clearly is going through that expansionary phase, so all is well in general

>'cyclical' being maybe sometimes not 'round' but there is an adoption phase

Not sure i understand your point. I'm saying speculative tech/commodities/etc go through the bubble chart a numbers of times before they enter established industry territory. Meaning pumping too hard and too fast upward off the mean, making the bubble pattern, crashing, returning to mean, trading mostly flat or at a slight downward trend for some time, then pumping in to bubble chart pattern once more.

500k

Return to mean. And the cycle starts again... but we aren't getting to ATH for a long time, maybe a year.

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Never wanted to believe so hard in my life before.

yessir respect and agree
some times the cycle is hard to see is all I meant.
yes

Capitulation still.

Here's an example from a different sector. This is the Canadian marijuana ETF's chart. It ran too hard in December, double topped, crashed, dipped below mean, returned to mean, resumed upward climb.

this chart doesn t apply to bitcoin

nice
I hold MMJ stock too
was just looking, I missed that last one I think

Stealth for a couple weeks.. Despair is over.

Its not at all cynical, retards just dont know how to interpret it
The product doesnt arbitrarily just end after return to mean

i lost count years ago

Me personally, I'm at "Greed".

This

I remember when Veeky Forums laughed at "cryptonerds" and RHG threads full of pharmaceuticals clogged the entire catalog.

>tfw I missed a ton of these cycles

I keep telling myself it's not too late because that's what I've been telling myself every year since 2013 and I was proven wrong

>we are early adopters, like Kanye West, Katy Perry and 50cent

Back to "normal" without a doubt. Just look at the whole space screaming we are back! What kind of value in the form of tech have bitcoin added since the retarded segwit shit last summer? NOTHING.

Sorry to say this boys, but we are going back to 2K. Use log scale for the last 2 years and you will see it.

Good luck selling the top of the massive bull trap

New paradigm!

Agree with this user. The mean would be between 100 and $500

fair, but btc was so under the radar then, it's not like any of those prices ever reflected true value of the tech

no?

Despair