TradingView
Weavs844
Jul 9, 2018 7:46 PM

3k in the future for Bitcoin?  

Bitcoin / U.S. dollarBitstamp

Description

Comparing how it broke down previously to this time....
Comments
EnderHassem
This gave me a lot of hope.

But it is soooo loooong teeerm!!!
CryptoKittie
nice
TD96
September 2019 seems way too long for this to happen.
Additionally, I think that it's hard to draw an exact comparison based on what happened in 2014 (Mt Gox!)
Weavs844
@TD96, For sure. Pattern between the 2 drops just appear to be very similar.

Sept 2019 might be a little far out there, but think we have a little while.
TD96
@Weavs844, Unfortunately I think you might be right regarding the little while.

I sort of wish capitulation would just hit now, so we can get it over with. Hopefully we could form a nice v-shaped drop and then restart the cycle.

This slow bleeding is killing me. I guess it just gives us longer to accumulate though, assuming you are long-term bullish.
More