Bitcoin Denial Phase of a Bubble

in cryptocurrency •  7 years ago 

Bitcoin made it's way down to the support level of 10k today. Was the denial phase of a bubble? Are we on our way back up and then the steam dip is next? According the traditional bubble patterns it is. 


Love to hear your comments on what you think. 

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I beleiv ethat this is the natural level of BTC.
I am happy to have cashed- out last week at £20k, yes, I can hear all the screams of "HODL! HODL!" but in all honesty, I had a modest hodling, and for our house, Christmas came early this year.
Thank you BTC!

(I never actually bought any BTC, everything came from faucets and altcoin trades over a 3 year period... Yes, you read right. I 'bought- in' for$0 and cashed- out at $20k. Win.)

Sounds like you didn't dollar cost average. But, if it's just to gain some income nice you did really well! Congrads.

I effectively 'bought' at $0 and cashed- out at $20k- there is no dollar cost, apart from my time, which is cheap, to say the least... heheheheh