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Someone asked when the Bitcoin bottom is. I don't answer with a price, I answer with a deadline. Whatever the lowest price is by the end of November, that is the bottom. If we never make a new low, it was 58k back in July. If we do, it's... show more
20,703 просмотров • 29 дней назад •via X (Twitter)
Комментарии: 13

What’s the consensus for a bottom in November?

The extra step I now value is recording why I held the same view despite new information.

A date is a better bottom call than a price. The tape still has to print it.

Don't worry about that crazy person bringing up a specific deadline or price threshold, just keep your eyes on Nov end and remember never say never!.

Price is impossible to predict with certainty.

Fair framework

Really Einstein? You think bitcoin will survive a 30-50% decline in stock market?? C'mon man. It will fall like a lead Zeppelin.

?

there we go, now we're learning. 😉

Why would we hit a lower low coming out of a bear market?

because nobody can tell you we're "coming out" of one until it's already done. that's the whole problem with calling a bottom in real time

Thank you for the reply 🫂

That's a good explanation
