You are viewing a single comment's thread from:RE: Can't Spell 'Crypto' Without 'Cry'View the full contextyibbiy (62)in #leofinance • 2 years ago BTC lost over 80% in the previous cycles. This drop is still somewhat muted :)
previous cycles went 10x the previous all time high.
we went x3.5 this time
why is this constantly ignored?
10x from a tiny $ is easier than a larger $$$.
And the pattern has been broken, BTC also priced below previous ATH.
Yes, the pattern is obviously broken.
So stop using it.
We also have to look at over a decade of easy money and low interest rates, even with that the drop was over 80%.
Now with high interest and low liquidity and a shrinking global economy while too many people are already over extended, outcome?