Just BUY The Dips - Stop Wanting Lower - BULL MARKET for BITCOIN
Good Morning / Afternoon / Evening,
As you can see from the percentage drops Bitcoin has faced in 2018 compared to 2014, it has mirrored it identically. Even the fractals are the same. However, there are many who believe the fractals are not the same, and that we still have another plunge to make to new lows.
But, that is not the case. And you can tell this from studying the "Bitcoin Market Cap" chart, and by studying the fractals the alt coins have made.
For Example:
Below is the fractal from Bitcoin in the 2014 bear market:
This is an extremely import chart as it gives us the framework to be able to analyze how the crypto market corrects and recovers. So, let's take a look at the current market conditions and see if we can see similar fractal patterns and behavior.
Here is the 2018/2019 Bear Market TOTAL MARKET CAP:
Now, let's take a look at some of the alt coin charts and see if we see the same thing:
IOTA:
XVG:
ETH:
ADA:
XMR:
In the end, the case for there being new lows in our future is EXTREMELY UNLIKELY. If something like that happened, it would likely be the end of the crypto market. And, we can pretty much guarantee that won't happen with how many products are being added to wall street in just the next few months. Today, I am now able to trade Grayscale's ETHE on my e-trade account... yea... and the media cycles have not started hyping it yet.
So, it is no longer about finding new lows. It is about having the guts to buy back in on a dip, if you sold at a lower price. For those who are still holding, good for you, the market is making all the signals of a recovery. Do not fear the dips, they will be short lived. It is time to trend upwards! And upward trends have pullbacks! Hold tight!
Best of luck!!!
As you can see from the percentage drops Bitcoin has faced in 2018 compared to 2014, it has mirrored it identically. Even the fractals are the same. However, there are many who believe the fractals are not the same, and that we still have another plunge to make to new lows.
But, that is not the case. And you can tell this from studying the "Bitcoin Market Cap" chart, and by studying the fractals the alt coins have made.
For Example:
Below is the fractal from Bitcoin in the 2014 bear market:
This is an extremely import chart as it gives us the framework to be able to analyze how the crypto market corrects and recovers. So, let's take a look at the current market conditions and see if we can see similar fractal patterns and behavior.
Here is the 2018/2019 Bear Market TOTAL MARKET CAP:
Now, let's take a look at some of the alt coin charts and see if we see the same thing:
IOTA:
XVG:
ETH:
ADA:
XMR:
In the end, the case for there being new lows in our future is EXTREMELY UNLIKELY. If something like that happened, it would likely be the end of the crypto market. And, we can pretty much guarantee that won't happen with how many products are being added to wall street in just the next few months. Today, I am now able to trade Grayscale's ETHE on my e-trade account... yea... and the media cycles have not started hyping it yet.
So, it is no longer about finding new lows. It is about having the guts to buy back in on a dip, if you sold at a lower price. For those who are still holding, good for you, the market is making all the signals of a recovery. Do not fear the dips, they will be short lived. It is time to trend upwards! And upward trends have pullbacks! Hold tight!
Best of luck!!!
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.