Depression phase is not yet started.. Still people are in profits.. Depression phase starts when 90% of people are in loss and btc touches 4400 and stays there for atleast 1-2 month
@VishalGupta35, 90% people are in loss already,30 billion dollar worth btc has been sold since december ath,means nearly 500 billion marketcap,early investors cashed out,only people jumped in after or near ath a.k.a bag holders are in the market now,and they are all at loss.I see ppl get obsessive about 4ks,it shouldnt have to hit there,volume dropped significantly,we can see bears are weak as bulls,all we need some catalyst news like ETFs or new investors like blackrock(worlds largest asset investment 6.3 trillion dollars and they are looking way to go in cryptos),then boom.
VishalGupta35
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@daddycool1, Hahaha.. Who said 90% are in the loss? Only people who have invested in last 2 weeks of November are in loss.. I m still in profit..
Botzer
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@VishalGupta35, more than 80% of people have invested when the BTC was >10K, so what @daddycool1 says is right.
MalekAlmsaddi1
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i believe we are still in stealth phase... all the mentioned phases did happen but on a very small scale.. the real bubble is yet to come.. 20x and 30x are months if not weeks ahead
Agreed