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For those who have been following our updates and charts on Telegram, you remember that we've posted the same chart back in December 2018 pending the completion of the green IH&S. At this moment, the market seems to...
Analyzing the chart, I see 2 important points:
1 - Coming a correction to $6790. I believe that is the best price to buy in this cycle.
2 - Important persons is saying Bitcoin$25K in 2019. I believe that will can reach this price in midle of 2020.
I see no recession coming.
Get over with Trade wars, it is no longer irrelevant. It is only the headlines that make you drop your stocks so BlackRock and Vanguard can accumulate more.
I see a lot of fear. we don't fall on fear. we fall on greed and too much confidence.
Getting some entry around here and in one months. Try not to pick stocks, use ETFs to...
Just looking to keep this for history! The 20k resistance trend is now ready to take at least 50k and will be ready to take 100k by the end of 2020, so let's see what happens in 2 years from now and if that 20k resistance trend is going to be playing a role in bitcoin's market development within the few coming years.
Even a lot of professionals believe that the main crypto party starts around August 2019, it seems DLT has already started the game.
However, this early jump might be just a way to bitcoin Laundary for those who gained some during last week or so.
Play safely if you are a day trader.
For the long term, it looks solid.
To me, it looks like the market is moving slower after each cycle. Our last bull run was longer than the previous one. The 2014 bear market was also longer than the 2011 bear market.
To my findings, the bear market of 2014 moved 2.5x slower than the 2011 one. If we use that same factor this time according to my calculations the bear market now should end around...
When drawing fractals you need to consider every section, not just the bear market duration of the last blowoff.
The last blowoff timeframe is not applicable to the bear market now because the duration and intensity of the previous bull run was NOT the same as the 2017 bull run.
The fractal must be adjusted appropriately for a maturing market moving forward as...
This chart is the Dow divided by the Unemployment rate of the U.S.
I'm not sure if this means anything or not, but it is interesting to look at. I immediately picked out a wedge.... and a gloomy looking one too...
October 2020 anyone?
Using only historical data, Fibonacci, and simple Geometry, I'm making this very long term Bet to BTC with 2 kind of possibles dates and end prices.
Maybe it's too early to make soo long bet, but if you are a Hodler, maybe its good to start to think what will be the price in 5 or 6 year.