Thinking about it some more, I suspect that you're comparing the current support bounce of the lower 2SD bounce to the prior higher 2SD resistance bounces during the bubble tops, is that correct?
If so, I guess that you can indeed make an argument that they are statistically comparable (assuming a normal distribution; which may be a problematic assumption?)
Aside from the statistical interpretarion, I personally don't think those prior market tops compare well to current market dynamics (very volatile blowoff tops versus usually more low volatility bear market bottoming)
dilutionproof / Dilution-proof
npub1tl…ltsg5
2023-02-09 22:53:12
in reply to nevent1q…nuy3
Author Public Key
npub1tlnmatnpznq4djxysleje5247kumu9hw7k3frqs6qh7e0yaf3kksvltsg5Published at
2023-02-09 22:53:12Event JSON
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