It appears that the bear market has entered the "Despair" stage which is not good at all.
BTC 55 Weeks linear regression vs 380 weeks linear regression .
It seems like price will be much lower than people think.
The next support at the lower deviation line is at 1k.
It could take another 6-8month to drop to 1k, unless we see a massive sell of like we saw early 2018.
Bitcoin 2800-3200 Will be an interesting area for Dips Buyers
what do you think about it?
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cheers.