12-04-2021, 03:23 PM
Remember that downturn to 29k earlier in the year?
<!-- SC_OFF --><div class="md"><p>When BTC went to 29k, I saw several posts breaking out the technical analysis saying things that I didn't know wtf any of it meant, not even gonna lie. Stuff like ' double death cross ' and other weird doomsday sounding stuff. Everyone kept saying that in the past BTC has never recovered or they'd use words like ' historically ' blah bear market blah imminence. </p> <p>​</p> <p>The market ended up bouncing and breaking ATH's TWICE... That's twice in 1 year. Historically, BTC has never done that, not at the current price levels anyway. Did anyone predict it? Not to my knowledge, everyone was sure the early bear market was here. Point? Don't listen to anyone but your own intuition and sobriety after your research.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Socialinfluencing"> /u/Socialinfluencing </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r8hend/remember_that_downturn_to_29k_earlier_in_the_year/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r8hend/remember_that_downturn_to_29k_earlier_in_the_year/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>When BTC went to 29k, I saw several posts breaking out the technical analysis saying things that I didn't know wtf any of it meant, not even gonna lie. Stuff like ' double death cross ' and other weird doomsday sounding stuff. Everyone kept saying that in the past BTC has never recovered or they'd use words like ' historically ' blah bear market blah imminence. </p> <p>​</p> <p>The market ended up bouncing and breaking ATH's TWICE... That's twice in 1 year. Historically, BTC has never done that, not at the current price levels anyway. Did anyone predict it? Not to my knowledge, everyone was sure the early bear market was here. Point? Don't listen to anyone but your own intuition and sobriety after your research.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Socialinfluencing"> /u/Socialinfluencing </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r8hend/remember_that_downturn_to_29k_earlier_in_the_year/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r8hend/remember_that_downturn_to_29k_earlier_in_the_year/">[comments]</a></span>Kind Regards R