We are a looong way from being cool on the MACD on the monthly chart. We can easily do six more months of cooling in order for the trend indicators to come close to neutral. Then we need to consolidate on the bottom for some time. And then we can start looking for bullishness.
People are acting like it is going to be a V shaped recovery. My best guess is that the first six months of 2019 are going to be reserved for consolidation and then just before the halving of BTC we can start looking for bullishness. So hang tide and if you are already rekt like I am, we are just going to have to suck it up and hold for another 2, 3 years. No one said it is going to be easy.
People are acting like it is going to be a V shaped recovery. My best guess is that the first six months of 2019 are going to be reserved for consolidation and then just before the halving of BTC we can start looking for bullishness. So hang tide and if you are already rekt like I am, we are just going to have to suck it up and hold for another 2, 3 years. No one said it is going to be easy.