But even Bitcoin corrects during bull markets, and when it does, the results can be violent. According to Peter Brandt, who famously predicted the over 80% decline from top to bottom based on nothing but data from past parabolic breakdowns, Bitcoin bull market corrections decline roughly 37% on average. Nov 26, · Bitcoin Begins First Major Bull Market Correction Since $10, Breakout The leading cryptocurrency by market cap shocked Wall Street and the rest of the world over the last few months. The asset has broken nearly every record related to it but fell just shy of breaking its all-time high before a strong correction began. Dec 18, · Bitcoin Bull Market Gains Momentum As Capital Pours In From Institutions Bitcoin is more bullish now than it has been in past cycles, and while that’s surprising to even the most steadfast crypto supporters, no one could have predicted the perfect storm that .
Btc bull marketBitcoin Bull Market for COINBASE:BTCUSD by MartyBoots — TradingView
The need for low prices is negligible for investors of this size, but even they are calculated risk-takers and are more likely to enter when the cryptocurrency finally corrects. This could lead to any crashes being bought up extremely fast by hands that will be less likely to sell in the near term future, which means the next impulse will be stronger for it. I'm Tony Spilotro. Behind the pseudonym, I'm a digital media executive and global remote work leader with a decade of content experience and excellent.
Here, I explore my newfound passions pertaining to privacy, finance, economics, politics, cryptography, property rights, and other libertarian-esque views. I am a Bitcoin evangelist, maximalist, and educator whenever I can be, helping to spread its message of freedom from government control, monetary policy mismanagement, and passing the buck - literally — to future generations.
My journey from a curious retail crypto investor to a serious Bitcoin advocate, trader, and technical analyst is an unusual one, but life-changing nonetheless and has become less about money and more about a long-overdue revolution. While a firm believer in the laws governing math and science, I am profoundly fascinated by the impact of astrology and astronomy including moon and solar cycles and planetary alignment and their ability to influence and potentially predict markets.
It hasn't yet clicked for me as to how to put anything to use, but I consider it my current rabbit hole I can't yet dig out of. My perspective of growing up alongside the internet, the dot com era, the Great Recession, and roots in video games collecting coins and rare items caused Bitcoin to immediately make sense to me. Through all of these lenses, I seek to produce content that is educational and entertaining, and I thank you sincerely for taking the time to read what I have to say.
Please follow me on Twitter and feel free to drop me a line if you would like to work together. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. All Rights Reserved.