A Comparison With Bitcoin -- 2014 vs 2018

I'm sure a lot of people don't actually remember going through this cycle four years ago. I definitely do! I got into BTC prior to the boom, and of course, put more and more money in the whole way up. Experiencing the boom and crash cycle from 2013-2015 let me be prepared and expect this for this cycle. I was calling the pullback all along (albeit my timing was off of course). Just like the first cycle, the signs were all to clear.

Now, we're shaping up to see a repeat. There's plenty of similarities and some differences. One of the notable differences is that it was more of a linear selloff back in 2014.

During this stabilization period, it's likely we won't see much movement at all. I don't see an immediate reversal and bounce like some analysts predict. Ultimately, I think it will be a long road at the bottom and then we will establish support prior to a new trend.

If we get to the same pullback levels, we'd be looking at BTC at $3,500. I definitely think this can be possible. It may not be as likely, but it could happen. Realistically, I think the $5,000 range is where we might settle.

Now, a lot of the alt coins can see significant pullbacks and experience levels almost at what they were at prior to the boom -- so, a 100% or more correction. Longer term, I think this is awesome for the cryptos that are actually longer term and happening (as opposed to cryptos that are just an ERC20 token and a white paper). Getting in with some spending money when they are cheap would lead to great returns WHEN the next boom happens.

YES -- Another boom WILL happen!! I don't think as long as the last one, but we will see the boom.

Please share your thoughts on this correction and general comments!