I was blown away when i spent a few hours diligently inserting all the numbers from 2014 & 2018 into an excel spreadsheet last night. I did some modeling and comparisons today, projecting the same percentages from 2014 and seeing what kind of numbers I would get for 2018. Well, as I said! I was blown away by the math! I had no idea that 2014 was really that bad of a bear run. I had no idea that the price of BTC did nothing for about 2 yrs in 2014 -2016
So, my point in this video is that I know traders and investors have a lot of hope for Crypto in general, well I do too, but I see many analyst just too optimistic and emotional about their projections. Many of them have a bias.. I try as much as I can to let the charts tell me the truth. After this comparison, I am now FULLY convinced prices can reach as low as 2 and 3 k and then consolidate for a whole year and do absolutely nothing as it was shown in 2014. Now of course, 2018 is a completely different animal and I'm fully aware of the 23 x growth in BTC market cap as described in my video. I know 2018 has more retail investors and much more volume, but the same is happening regardless of how large the numbers become! The math here on this video is evident of that truth! This analysis has helped me tremendously not only from a fundamental but from a historical context. If history repeats itself as some has described , well at least I'm now more prepared to adjust to this turbulent bear run!
I hope this video has provided some of you with better insight as to what the worst scenario may be! The numbers took a few hours to put together. I have many, many other extensive numbers that I could not insert into this video from my spreadsheet. Trading view only provides us 10 min per video. So i could not insert even half of my numbers I projected!
Give me a like and if you want to see how i trade and make profit in this bear run, then follow me!
Thanks CryptoBuzzAnalyst
PS: This is not financial advice, please do your own research! This is not investing advice!
howmuch.net/articles...in-all-major-crashes
So, my point in this video is that I know traders and investors have a lot of hope for Crypto in general, well I do too, but I see many analyst just too optimistic and emotional about their projections. Many of them have a bias.. I try as much as I can to let the charts tell me the truth. After this comparison, I am now FULLY convinced prices can reach as low as 2 and 3 k and then consolidate for a whole year and do absolutely nothing as it was shown in 2014. Now of course, 2018 is a completely different animal and I'm fully aware of the 23 x growth in BTC market cap as described in my video. I know 2018 has more retail investors and much more volume, but the same is happening regardless of how large the numbers become! The math here on this video is evident of that truth! This analysis has helped me tremendously not only from a fundamental but from a historical context. If history repeats itself as some has described , well at least I'm now more prepared to adjust to this turbulent bear run!
I hope this video has provided some of you with better insight as to what the worst scenario may be! The numbers took a few hours to put together. I have many, many other extensive numbers that I could not insert into this video from my spreadsheet. Trading view only provides us 10 min per video. So i could not insert even half of my numbers I projected!
Give me a like and if you want to see how i trade and make profit in this bear run, then follow me!
Thanks CryptoBuzzAnalyst
PS: This is not financial advice, please do your own research! This is not investing advice!
howmuch.net/articles...in-all-major-crashes
