No TA. More of just a thought about the adoption of technology vs. price action and market makers.
In my non-experienced, yet cynical mind, I believe this market has room to go in both directions, so, some great action 10-14k, but plenty of room left in the 4 digits, before we get to celebrate Satoshi Day...
Yes, I'm super excited about this market, and the technology is being adopted at a pretty fast rate, but we sit around not realizing that CryptoKitty will be viewed like Cookie Clicker. Dead and gone, replaced by some other trend.
Perhaps Japan's GDP increased growth during a BUBBLE, but day-to-day use, I believe we're at a point of relative saturation, and overshadowed by a lot of speculation and hodl mentality.
The hodlers will win. And the next round of investors to come.
Perhaps to the opposite of a black swan event, a white dove event will occur... Lightning network? And everyone will want to JUMP in?!
Sitting on a rock to the side of the market, admiring the best show on earth, on exchanges that don't hold USDT.
* red line represent areas that i thought might be interesting for price action.
In my non-experienced, yet cynical mind, I believe this market has room to go in both directions, so, some great action 10-14k, but plenty of room left in the 4 digits, before we get to celebrate Satoshi Day...
Yes, I'm super excited about this market, and the technology is being adopted at a pretty fast rate, but we sit around not realizing that CryptoKitty will be viewed like Cookie Clicker. Dead and gone, replaced by some other trend.
Perhaps Japan's GDP increased growth during a BUBBLE, but day-to-day use, I believe we're at a point of relative saturation, and overshadowed by a lot of speculation and hodl mentality.
The hodlers will win. And the next round of investors to come.
Perhaps to the opposite of a black swan event, a white dove event will occur... Lightning network? And everyone will want to JUMP in?!
Sitting on a rock to the side of the market, admiring the best show on earth, on exchanges that don't hold USDT.
* red line represent areas that i thought might be interesting for price action.