StevenRodas

Short Term Long, Mid Term Nuteral, Long Term Very Bullish

Long
COINBASE:BTCUSD   Bitcoin
This Seems like this is going to be the last bounce before we enter the acumulation phase, my soft target is the .386 level and if we are able to pass it then I will be looking at a possible target up to the .618 level. I belive that 3,000 will be the low for bitcoin and that we will not go lower (Unless by a wick). I belive this accumulation phase will last for about a year unless other markets likes stocks begin to really fall in 2019, if they dont fall then I will be waiting untill late 2019 (around October) to be a heavy buyer agian but I am still holding a realtivly large amount of BTC incase a black swan event happens to push btc prices higher & faster than expected. When the bull market does start agian which I think it will be early 2020 I belive we will hit a target of roughly 300,000 per BTC and the market cap will be around 7-8 trillion for btc . I think we will hit my btc target around late 2022 and then the cycles for btc will have been complete and we wont see anymore 100x returns for btc anymore.
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