What no one wants to accept today is that Bitcoin is immensely undervalued.
There are only 21 Million Bitcoins that will be in existence, that does not account for millions of coins which have been simply lost or locked up in wallets. As difficulty of Bitcoin mining increasing and awareness and real life use cases growing each day, it is only logical to believe that current price representation for Bitcoin is massively undervalued and by the time many realize that, it will be just too late.
Keep in mind that this is long term chart
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
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Trade active
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Supply and demand guys
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As crypto becomes more mainstream, 11 - 14 million bitcoins in circulation is nothing for over 7 Billion population. I realize that less than 10% will use Bitcoin, but it can be integrated into IRA and other government programs which would mean that we can reach over 50% adoption. People will be holding Bitcoin in some form, whether it's as retirement investment or as an asset, but it will happen.
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Trade active
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Support for this chart is at 4700, that should be lowest point Bitcoin goes to IF we have flash dump
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Those who are bearish, only question that you should answer to yourself is "Why would money flow out of crypto, especially Bitcoin, with all the positive news surrounding it?"
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KEY / BTC TRADE BELOW
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MFT / BTC TRADE BELOW
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SIACOIN / BTC TRADE AVAILABLE BELOW
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ONT / BTC TRADE BELOW
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Keep in mind that due to current market situations, all of these trades are directly linked into Bitcoin movement. If we continue this upward track, we will see rise in ONT, MFT, KEY, SIACOIN trades which we made available to you above
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At this point all trades are active, but we do recommend to set Stop Loss just for that risk minimization for short term traders
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ETC / USD DOUBLE BOTTOM SCENARIO
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VERGE / USD W PATTERN VISIBLE
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If we look closer we can actually see double bottom for Verge
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Bitcoin Hashpower Doubled Since May Despite 70% Correction
Keep in mind that although there are total of 21 Million coins in existence, there are millions of them that have already been lost in locked wallets. When final numbers are released on current accessible Bitcoin to be used, we will all be surprised following price surge upwards
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Bitcoin Severely Oversold, Various Technical Factors Suggest