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RE: Is the crypto massacre over? Light at the end of the tunnel!! A not so detailed interpretation.

in #cryptocurrency7 years ago (edited)

If past patterns hold true we are not out of the woods quite yet and could see another dip to ~8k on Jan 24-25. Every year for the past 4 years BTC has crashed 25-35% exactly 23-24 days prior to the Chinese New Year, which again this year puts the potential dip on Jan 24-25 so we might see another "correction" before truly moving back up towards record highs around March/April (and 40k around August).

Coincidence??? Multi-Year Bitcoin Crash Pattern... Like Clockwork BTC Has Crashed 25-35% For 4 Years In A Row Starting 23-24 Days Before Chinese New Year
https://steemit.com/cryptocurrency/@budz82/coincidence-multi-year-bitcoin-crash-pattern-like-clockwork-btc-has-crashed-25-35-for-4-years-in-a-row-23-24-days-before-chinese

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Doh. I should have read the comments before I posted. I just rehashed the same pattern.