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user100000
Jun 14, 2018 4:12 PM

BITSTAMP M Long

Bitcoin / U.S. dollarBitstamp

Description

Wave III is never the shortest wave. In this case, 80K is the minimum level
Comments
JoE
Strongly biased.
bokeb
major agree. always love stepping back and looking at the big picture.

Been telling people for some time that these past 6 months' consolidation should be compared to the one from 2013, not the one from 2014 like many are saying. When you look at things from far back enough, you can apply things like *the feeling of the momentum of the whole space* . Truly, there is too much building too fast in crypto now for us to be able to see a 2 year bear trough like we saw in '14 and '15. Even if there were to be another Mt. Gox, or if Tether were to implode as bad as some fear - crypto has the infrastructure now to withstand the blow, and enough adoption to follow through with a resumed bull market much more quickly.

We will see the resume of the bull market before the end of the year.
DukeDinhd6
now somebody is talking. It might extend to 120k or above early 2019
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