Joined January 2013
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Chris Priest

Ohio
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Posted to A new bitcoin bubble narrative over 1 year ago

pennyfx, the drop between 30A and 30B1/30B2 was from 30 to 2.1. Thats a drop of 1428%, the drop between 250A and 250B1/250B2 was much less drastic (from 250 to 65 for a decrease of 385%).

If the 1200 bubble ends up matching the 30 bubble in magnitude, then we can assume the 1200 bubble will bottom out at 84. If it was going to be more like the 250 crash, it would have seen it's bottom at 312. Which is kinda where we are now...

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