[ATTACH] Crypto has been here before, that is, it's gone bonkers...

Crypto has been here before, that is, it's gone bonkers in price, lost about 80% of value then has bounced back bigger and stronger.



Some history highlights and days of a bear market

Bear Market 1 (January 11, 2012 - July 11, 2012):
Hack Era

Duration: 185 Days
Peak Price: US$7.08
Bear Market Low: US$4.22
Decline  -40%

Bear Market 2 (August 7, 2012 - December 6th, 2012):
Lawsuits Era

Duration: 111 Days
Peak Price: 13.35
Bear Market Low: 8.4
Drawdown: -37%

Bear Market 3 (November 29, 2013 - Jan 7th, 2015):
Crypto Winter

Duration: 415 Days
Peak Price: 1149.14
Bear Market Low: 197.24
Drawdown: -83%






The longest Duration of a bear market is still the 2013 to 2015.

The current bear market is only 396 days in from ATH.


So with said, and the fundamentals are only getting better and also keeping in mind that BTC has seen a bottom in conjunction with 8 to 12 months out from halving.

I think the odds of crypto making a higher high in mid to late 2019 is very good.

As you can see from the chart above, after the downturn, the spikes of volatility get less and less which then starts to form a base.

The next thing that happens is the higher low's


This has been by far my best indicator for all types of trading to make money on.


It's also what i will be looking for this year on crypto chart for the entry.