Same cycle, just weaker & slower form one cycle to another. I still think bitcoin is in a bull market and I'm pretty sure we got our bottom for wave 2 at 4k. We are entering wave 3 now of the Elliott wave pattern, volume is good. I'm confident. I also think bitcoin's gonna reach at least 50k in this bull run. Yes, the curve is flattening on bitcoin but this is just part of the evolution. In every new asset or market you will see a flattening curve overtime, however the growth will still be there.
***LOGARITHMIC CHART***
Stay tuned guys, I'll try to update you more frequently.
peace
Trade active
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We're midway thru wave 3!
Trade active
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wave 3 is over, we're now in the middle of wave 4... Target for wave 4 is 25k.
@laparvel, If not I think we're close and btc will go touch it's 21 weekly moving average in the next 4 weeks or so. However we never know man, this thing could pump to 30k before a correction...
iPhorex
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Dude you just made me feel so confident on my holdings