Bitcoin $ 5,000 !!!! ??steemCreated with Sketch.

in #money7 years ago

2018-03-17 19.13.34.png

Really Bitcoin dropping to 5000? Might be who knows.
As i've already mentioned about it in my previous blog, In 2013/14 Bitcoin All Time High was above $ 1,000 and it dropped to less than $ 250.
If you calculate in percentage : [(1000-250)÷1000]×100 = 75%.
It was dropped by 75%.

And now the pattern seems similar as that of 2013/14.
Let's compare:

2018
2018-03-16 20.11.31.png

2013/14
2018-03-16 20.12.22.png

Now, let's look at a present condition, the All Time High Was $ 20,000.
Like before, if it drops to 75% of ATH i.e.
($ 20,000 - 75% × $ 20,000) = $ 5,000

Disclaimer: I'm not intended to create FUD, this is just my calculation and personal opinion.

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Hey there Money Watcher, I'm Oatmeal Joey Arnold, and it is time to buy into Bitcoin whenever it is down down down like a song.

For future viewers: price of bitcoin at the moment of posting is 7953.10USD

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without mentioning the source!
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😖 ★★good post; 😖

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