Crypto Bollocks: "You Can't Time The Bitcoin Market"

in bitcoin •  6 years ago 

Debunking a crypto myth “You can’t time the markets”.
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Table of Contents:
00:00 - Introduction
03:13 - Start of chart analysis

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Chris, given that none of the cycles reached the previous cycle's high, why would you expect this forming cycle to bounce off at the 10k mark? wouldn't 8.5-9k be more probable?

You make a very good point. This cycle high is likely to be less than the previous cycle high of $10k you're right.

Interesting perspective but you did mention something very important regarding fundamentals or catalysts that could disrupt these waves. The thought of no real news coming for extended periods of time is unrealistic given how fast the blockchain space is moving and how many industries look to engage in it.

It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.

@marketingmonk sir all the crypto market is depend on bitcoin.

Excellent