There is quite a bit of hope in the market now because of the rally that started earlier this year. While I hate to be the BEARer of bad news, I have to remind you that every previous bear market had multiple bear market rallies, including rallies of a 100% like we have seen now. So let us discuss some BEARium, which is of course the opposite of hopium. Remember, I live on the charts so I have all the KOALAfications. A new low is still very PAWsible even if we could BEARly imagine it happening right now after a 100% rally. So let us ask the unBEARable: What could (in theory) be reasons for Bitcoin to go below $15K? Some ideas:
If any of these happen I want to go in to hiBEARnation. What are your ideas? Good replies only or you are disKOALAfied. Bear jokes appreciated. [link] [comments] |
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