So this is just a dead cat bounce, right? Bitcoin is going to go to $50k, right?
>>61814157>lets rape bobo
Anyone doing analysis on where bitcoin is going is retarded. We could be at $30k in ten days, or back at $100k. You should stop using perps.
No one knows for sure. I'll be disappointed but not surprised if it rallies strongly from here and continues to a new ATH, obliterating any cycle theories. It probably fell this hard because some retard got margin called and that set off a cascade of liquidations