2008 vs 2020
as we see similarities of first decline of -30% (2008) & -39% (2020)
and first correction of 25% in both 2008 and 2020 scenarios.
2008 2nd decline +4 months -28.5%
2008 3rd decline +4months - 51%
Total depression in 2008 was 64.55%
Depression will we see in 2020 should be should be above 60% too
bullish trend we are seeing in 2020 is just a correction
as we see similarities of first decline of -30% (2008) & -39% (2020)
and first correction of 25% in both 2008 and 2020 scenarios.
2008 2nd decline +4 months -28.5%
2008 3rd decline +4months - 51%
Total depression in 2008 was 64.55%
Depression will we see in 2020 should be should be above 60% too
bullish trend we are seeing in 2020 is just a correction
Trade active
Will we see 50-60% overall depression, making us on the level of 5000-6000?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.