Bitcoin's 10th Birthday - Jan 3rd 2019. Hit $9900 and then down
BTC is flat
We need something to stimulate the market. Low prices should do the trick. Let's take a trip to $4500 and have everyone on the same page that "we found The Bottom". Hooray.
But bakkt? but institutional interest..? Well, I'm afraid the Nasdaq correcting and the double top on the Dow Jones DJI is outside of our control and may trigger us down.
Probably in October and probably on a Monday.
Black monday.
Maybe this Monday.
Bitcoin's 10th birthday is on Jan 3rd 2019. Our pump from $4500 will propel us to the party and we should be in high $9000s by December. That's a nice 100% gain.
News reports and media interest will start occuring in December with titles like "Bitcoin experiment - 10 Years on" & "Bitcoin up 100% from bottom and it's birthday time".
More people will get into crypto as bitcoin appears in the news. They will fomo in when bullish price action seems to confirm that crypto was not a bubble (it isnt yet) but we are not going past $10k.
Now, do we continue on to $33k with new money pouring in?
Or
Is new dumb money the perfect patsy for whales to dump their bags on and short the crap out of btc?
Time will tell......fomo and ETF news could pump us.
Perhaps $4500 wasn't cheap enough for institutions? They want $3k BTC and $1500 btc perhaps.
At some point we have to fill the gaps at $3000 and $1500 and I would rather we not do it from the $33k region.
At the very least we pump hard from $4500 to $9000s just in time for the 10th birthday. Can really only guess what happens after that.
We need something to stimulate the market. Low prices should do the trick. Let's take a trip to $4500 and have everyone on the same page that "we found The Bottom". Hooray.
But bakkt? but institutional interest..? Well, I'm afraid the Nasdaq correcting and the double top on the Dow Jones DJI is outside of our control and may trigger us down.
Probably in October and probably on a Monday.
Black monday.
Maybe this Monday.
Bitcoin's 10th birthday is on Jan 3rd 2019. Our pump from $4500 will propel us to the party and we should be in high $9000s by December. That's a nice 100% gain.
News reports and media interest will start occuring in December with titles like "Bitcoin experiment - 10 Years on" & "Bitcoin up 100% from bottom and it's birthday time".
More people will get into crypto as bitcoin appears in the news. They will fomo in when bullish price action seems to confirm that crypto was not a bubble (it isnt yet) but we are not going past $10k.
Now, do we continue on to $33k with new money pouring in?
Or
Is new dumb money the perfect patsy for whales to dump their bags on and short the crap out of btc?
Time will tell......fomo and ETF news could pump us.
Perhaps $4500 wasn't cheap enough for institutions? They want $3k BTC and $1500 btc perhaps.
At some point we have to fill the gaps at $3000 and $1500 and I would rather we not do it from the $33k region.
At the very least we pump hard from $4500 to $9000s just in time for the 10th birthday. Can really only guess what happens after that.
Comment:
So far so good. Dow and Nasdaq dump has triggered BTC into The Abyss.
