So...if it crosses this line....and then I email 20 people and ask them to email 20 people....it'll go to 28K?
First off, you're wishing, not analyzing trends AND cutting yourself short.
The first rally, the bully rally of 2013:
Started at about $80, all time high of $1200, and bottomed out at about $230, 15 months later.
27 months of slow recovery from the bottom..
Boom! Next bull rally begins from previous ath of 1200 and runs up to roughly $19970.
Current bear market will bottom out around....3xxx?
2+ years to recover from that bottom (or more)
BTC once again runs AFTER passing previous all time high of $19970, running all the way to........probably about $299000.
Hopium will get you rekt.
Trade safe. No FOMO.
ThumbSkin
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@Jeff_Cryptopop, The awareness of BTC is 400x what it was in 2013. So dont expect anything close to similar or ull get left behind
Jeff_Cryptopop
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@KyleBessoni, Awareness is not the same as holdings. So far, this last bull run has played precisely as the one before. BTC failed to simply break 8300. We just ensured that we will not get a chance to do that for another three months. Dream on, dream big, but if you wanna get rid of your BTC bags, trade alts. The smaller the cap, the quicker the turn. BTC will take awhile. By the time it does, I'll have 100x+ as much BTC from trades as I do now.
Incidentally, Hopium addicts are looking for ETF to make Bitcoin, but the SEC is looking for Bitcoin to make the cut for ETF first.
The good news is, once BTC hits bottom, there will be a lot of rich dudes who cashed out at 20K who'll be ready to jump back in. Obviously they aren't convinced. I'm not either.
Trade safe. Don't smoke the Hopium.
cryptobitt
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@Jeff_Cryptopop, BUY compulsory when trendline cross. At the end of 2018 u will see btc at $18000.. bitcoin will not take too much time like before it take..
Jeff_Cryptopop
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@The_Pro_Team, Sounds like too much hallucinogens to me. Wishes and dreams aren't the same as Technical and Fundamental Analysis. "This time it will be different" is the motto of the addict and the insane. After BTC hits bottom, alts will recover. Trade alts until BTC recovers. You'll accrue so much BTC doing that, you won't even need BTC to be over 10K. Then when it does fly......bingo.
The bigger the market cap, the longer it takes.
Trade safe and don't smoke the Hopium. That stuff will kill ya. ;)
cprime
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@Jeff_Cryptopop, good points. people need to think 18-24 months on this next bull run (whenever it starts), but we arent at bottom yet in this bear market, far from it...just like you said.
First off, you're wishing, not analyzing trends AND cutting yourself short.
The first rally, the bully rally of 2013:
Started at about $80, all time high of $1200, and bottomed out at about $230, 15 months later.
27 months of slow recovery from the bottom..
Boom! Next bull rally begins from previous ath of 1200 and runs up to roughly $19970.
Current bear market will bottom out around....3xxx?
2+ years to recover from that bottom (or more)
BTC once again runs AFTER passing previous all time high of $19970, running all the way to........probably about $299000.
Hopium will get you rekt.
Trade safe. No FOMO.