The bottom is confirmed

I feel like this describes 20k to 5.9k. Yeah, I know, 20k was extreme parabolic growth, but the fact remains we fell just about 70% from ATH, which is literally gox levels of crash. I don't think they'll sell off more than an actual gox crash. The absolute bottom is 2k and I really really really really doubt we'll ever see that.

We'll see, I personally think 4-5k is very plausible.

I doubt it will go that low, 7-8k is what I currently believe.

idk with futures closing tomorrow, and the inverse head and shoulers forming from it, I feel like 8-8.5 is the final bottom we'll see.

but then again we'll see. If they so decide 5k is within reach

I always think of Veeky Forums when I see this thing

That site is a fucking text-book example of buy high, sell low; whenever BTC is down, they tell you to sell. Whenever it's up they tell you to buy.

BUY BUY BUY

t.retard
The reason it goes up is to meet the demand from being oversold. It meets the demand but that high ends up being much lower. When it stops rising people see this and start a chain reaction to dump to a lower low. Repeat ad neaseum.

commodities != currency

but these are both currencies are commodities