If we look at BTC, we are getting the same type of lethargic moves that we had before. Unfortunately, this leads me to believe another move down is in the cards. I don't think we are going to get a MAJOR move up until Jan at this point, unless we get some surprise ETF news in December to drive the markets higher. The only glimmer of hope is that we possibly could be forming an Inverse Head and Shoulders pattern. While I do not like the pattern, it's still there at a slant. We should get a move to the 5k area if we break up, or 3k if we break down.
I have followed you for some time. I am still waiting for your 10k btc prediction.
theredbaronZ
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Well BAKKT ETF is launching in late January last I heard. I would expect caution until closer to that date then lots of pre-launch buying to get coins before the anticipated launch spike.
theredbaronZ
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@theredbaronZ, Possibly also some selling late in the year for tax purposes.
Sherem
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@theredbaronZ, More of booking losses, then rebuying for tax purposes as to not claim a profit. Not selling to pay for taxes.
UnknownUnicorn2825836
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It won't go down much more man, we are scraping the fundamental floor of btc prices. 3k is HIGHLY unlikely ;)
Sherem
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@cocoadreamboy, I hope so, but it just doesn't look that way right now though.
UnknownUnicorn2825836
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@Sherem, Hang in there man ;) 2019 will be a killer year no question!! I have been doing a lot of research into bitcoin and eth fundamentals. They look good. I can't say more than that until my website comes out though!!!!
supergoh
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@cocoadreamboy, I am waiting for your website. Hopefully it is free of charge.
UnknownUnicorn2825836
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@supergoh, Many Thanks Man! With the information I will give, you will make money. If you make 4k a year off my site, and I charge 2k, it is better than free of charge. I will make you money. It costs money for a toothbrush, but the money you save in dentist visits and attracting poontang is worth the cost ;) I should be soft releasing it in late jan/feb... it has been 6 months in the making.