RE: BTC8 May 2022 20:22
Trader Tone
"I will be a buyer of Bitcoin at the low at the end of the year. If Bitcoin continues to just struggle and go down and down and down and down and here we are in November sitting at $25,000, I’m going to take that as the bear market has ended, according to time.
Time, not price. Time because with enough time that goes by, you don’t need to go as low but with less time that goes by, you need to go lower to end that bear market. Either we need an imminent crash down into the $20,000 range, mid-$20,000 range, or we are going to give it another six months of frustration and then either way, the bear market ends.”