Now Bitcoin and Ethereum have started to drive the overall market up in turn, and almost any coin with a little value is unlikely to fall in price. In this case, if the coins invested by investors have not moved, then you really have to be careful and carefully consider whether there is a problem with your previous investment ideas or whether you have chosen the wrong investment varieties.
Looking back at the last two bull markets, in the 2013 bull market, Bitcoin reached a peak of $1,075 in December 2013; in the 2017 bull market, Bitcoin reached a peak of $19,000 in December 2017, and then fell to a low of only $3,500 in December 2018, which was three times the peak of the previous bull market (December 2013).
In other words, according to historical records, in the bear market after a bull market, no matter how much Bitcoin falls, it will be higher than the peak of the previous bull market, and much higher.
If this rule can also be verified in the bear market after this round of bull market, it means that the peak of $19,000 in the 2017 bull market may not be seen in the next bear market. In other words, the bottom price of Bitcoin in the next bear market may be higher than $19,000.
The last chance for ordinary investors to afford a Bitcoin may be in this round. After this round, Bitcoin will no longer belong to ordinary investors. After all, the price of a Bitcoin is already 300,000 RMB, and perhaps 1 million is not far away.
With the involvement of institutional investors and large companies, the price of Bitcoin will not plummet by more than 50% like the previous retail market. Bitcoin has already moved away from ordinary investors, and everyone's attention will inevitably turn to Ethereum next.
Therefore, everyone must cherish the Bitcoin and Ethereum in their hands.