We're squeezed down very tight now on the daily chart, the price is getting closer to the point of the major weekly descending triangle(bearish), or the falling wedge(bullish). Either way I'm no longer trading BTC, but accumulating back in for a long term HODL position. Picking up BTC for my 10 year hold, 5 year, 2 year and 1 year.
The price action will reach the apex sometime next week, keep paying close attention now... most indicators are saying that a bearish breakdown is the most likely event to happen then, but we will see.
Nothing changes my BTC 40k by 2019 or 100k by 2020 predictions, but we haven't had real capitulation just yet.
The price action will reach the apex sometime next week, keep paying close attention now... most indicators are saying that a bearish breakdown is the most likely event to happen then, but we will see.
Nothing changes my BTC 40k by 2019 or 100k by 2020 predictions, but we haven't had real capitulation just yet.