We happen to look at the chart from a broad perspective.
On the monthly chart, it looks very good.
The speed of the correction was decreasing.
Another two months were positive but very slow and insecure.
The last bar is very strong and it looks like the brave strong tree growing up.
• WBM BUY/SELL Indicator – clearly at the end of the year the price was much oversold.
From that point, we consequently moved up.
Our indicator works great on the 1M time span
• Weis Waves – a demand is decreasing and some sort of demand showed up.
Within months we should see much more demand and very little supply.
When you combine above-mentioned news with those ones from our previous analysis the whole situation with the price on BTC looks good.
All you have to do is be patient and don’t panic when the price dips.
In 2 years time will laugh at what happened on crypto in 2018.
What do you think?
Are you still afraid of entering long positions?
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