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[Fact Checked]: Bitcoin DID have 5 consecutive green days during the 2018 bear market

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by COINS NEWS 227 Views

[Fact Checked]: Bitcoin DID have 5 consecutive green days during the 2018 bear market

I wanted to share this because the 3rd most voted post of the last 24hrs claims that BTC did not have 5 consecutive winning days in the 2018 bear market - this is NOT true. As I will show you with the graph it did go up for 5 consecutive days (I also found another time it went up by six) but most importantly it pumped 30%, everyone hyped and FOMO'ed once again and we got rekt. The price dumped after 2 weeks and BTC lost the 30% recovery it had seen. I just want to warn that this could be manipulation.

https://preview.redd.it/eunm38ndxkd71.png?1080&format=png&auto=webp&s=6ef21fd2941bc7ee645ab63d1afc471746e83d62

My personal recommendations are the usual. Trust DCA, the cases you will time the dip are rare. Avoid leverage in margin or futures as you will get liquidated (as we saw yesterday with de 1.1 billion in shorts liquidated). Stay safe and have a great day.

Another thing that bothers me is that the person who made the post probably did it for moon farming, as he did not do his research to back up his data and did not care about the average Joe getting recked if they FOMO'ed and went all in. This sub must stay impartial and provide good info with some humour.

If anyone has a topic that wants to be researched leave it in the comments, I will take time and read everything and make a post on the most upvoted topic.

https://www.reddit.com/r/CryptoCurrency/comments/opiavm/why_i_sold_btc_at_56k_and_why_a_good_time_for/?utm_medium=android_app&utm_source=share

Click to see when I talk how a potential upwards movement is coming 4 days ago!! (With BTC at 33k)

If you want to join our telegram group click this link! https://t.me/joinchat/Ypzw4PNYAdsyODEx Mainly for post ideas and updates regarding posts! (So you get notifications)

submitted by /u/arandom_econstudent
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