MrRenev

Bitcoin 50,000 usd EOY [2018]

Long
MrRenev Updated   
COINBASE:BTCUSD   Bitcoin
"Insanity is when you repeat the same operation over and over and expect a different result" - Albert Einstein.
Bitcoin has always had a cycle of bubbles, therefore this will continue forever.


Bitcoin will reach 50 thousand dollars by the end of 2018, but hurry up, only 2 days left ;)

These pink lines I have drawn? Ye ignore that, we will talk about those in a year or two.
Now is not the time to worry but to accumulate cheap virtual coins.
Those that do not buy now will regret it for the rest of their lives.

Really, who is not buying at these cheap prices?
4000 of your hard earn dollars, several months of salary in many places, seems totally reasonable for a virtual coin.

Haha the fools that laughed at Bitcoin 5 years ago when no one heard about it!
History will not be kind to those that laugh at Bitcoin now that every one heard about it.
I cannot be wrong as I quoted some sentence Einstein said.

Look at these lines. They will NEVER get reached. You will NEVER be able to buy Bitcoin at these prices.
Comment:
The second Bitcoin passes below $1000 I am locking myself in, and it's going to be CNBC & crypto youtuber 247 NON STOP.
Going to prepare food reserves, pop corn and champagne.
I honestly cannot wait, I will enjoy this very much.
Probably not going to happen for a long while. More time to prepare!
Comment:
Hello want to tell me where the sell order touched you?

This amazing man is going to show you the exact bottom for Bitcoin!
A present, for those that check my updates only :p


"Capitulation comes when whales throw the towel."
You have central banks, large firms, Gordon Brown, etc sell massively.
"The omnicious ones that know everything control us and oh wow someone bought 5 Billion dollar worth of Bitcoin at 3000$ this is clear proof the bottom is in" (I cannot say this with a straight face or without making a dumb voice - truly impossible)

A stop loss would be place at emm 1300$ or so?
But with these things... The price can literally go to zero instantly and then bounce right up...
I would rather be careful with my sizing, and scale all the way to zero.
Ye exchanges MIGHT reverse trading, but... lmao they will be in trouble themselves.. do not expect too much from their part.
Comment:
Could look like this:

And like this higher TF ;)
Comment:
Quick! Only a few hours left before Bitcoin goes to 50k!
Litecoin $1500 CONSERVATIVE TARGET.

I swear on my penis and twitter account Bitcoin will go to 50k by the end of 2018.
100% guarenteed. It is mathematically impossible Bitcoin does not go up massively.

It is very clear $3000 was the bottom.

Who is not buying at these cheap prices?

I saw a line on a chart.

Gold went down. And then up.
Bitcoin went down.

I let you do the math.

Very very very bullish.
Comment:
WHAT? Bitcoin did not go to 100k? WHAT? NOT EVEN 15K????

BUT... It's the greatest invention since agriculture and blockchain tech is an awesome genius invention that is very, very useful (spot the sarcasm).

The market IS WRONG ABOUT BITCON.

So, Bitcoin ended the year at 3700$ which is closer to what I have been saying for a year than all these delusional bull targets.

It was now 1 year ago that people called the crash just a correction and were fully persuaded Bitocin would keep going up.
They could not tell the difference between:
THAT
and THAT

Or between
THAT
And THAT

And I also disagreed with those (the few bears back then) comparing it to 2014 which has been a thing for the past year, and still is (even I have done it but for other reasons)
Does this
Look like this?
BTC 2017 Looks more like gold bubble
Does THIS "MtGoxed" look like THIS "mainstream media is talking about Bitcoin and the public is buying Bitcoin. 21% of US students are using their student loans to buy crypto".

First they argued that it was just another 40% correction like in 2017, then when it crashed more they argued it was "like 2013" (because it HAS to repeat something it does before it cannot make something new this is too hard for their minds to imagine), when Bitcoin went sideways for months the delusional bulls argued that it is "like thes market cycle & accumulation chart kinda and $6000 is clealry the bottom", then Bitcoin crashed to $5000 the delusional bulls claimed "oh ye that's a wickoff spring it looks just the same", then the delusional bulls joined the bears from 1 year ago "oh yeah Bitcoin is doing the same thing as in 2014 $3000 is clearly the bottom and it will go up like it did before".

When Bitocin goes down again and the delusional bagHODLers run out of things to compare it to, is this when they panic and capitulate?

Only one way to put this: if you think Bitcoin, or anything else, is going to do something it did before and keep comparing it to know "ok what copy paste chart will it be" rather than something new & unique, then sorry you are too stupid to trade & invest.

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