meszaros

BTCUSD will not crash here...

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD will not crash here. Bitcoin is a burial ground. It creates a hyper curve for the first impression. This is true. But if we compare it with companies that use hypergraphs, they do not fundamentally resemble the two environments. Continued stock issuance at companies and bad corporate data behind it lead to big falls. Bitcoin does not feature this. Regulated exchange rate dilution is typical of it. The result of mining, the payment of digital work. If you like a virtual value creation. If I interpret the background of bitcoin well, it does not collapse, on the contrary, a significant increase is expected. Back to technical analysis. The exchange rate is generated by a rising wave fracture. 4,7 higher than the previous fractal dimensions of the exchange rate. Consequently, the exchange rate is at a steep rise up to USD 18200. From there I would wait for a 10000 usd reversion.

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