MrTechnical
Long

BTC Long term outlook

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
With many long term charts charts focused on technical analysis I wanted to add another dimension with a little more on fundamentals.

This would help people understand the charts and why we we climbed or retraced when we did, and what the future holds.

I have given my reasons for why I feel the chart can explode later on, and why I feel that BTC 0.23% had a blip back in 2014=2015.

The true trend for BTC 0.23% this year would have, in my opinion, gone much higher than 20K, had it not been for the heavy FUD focused chart manipulation that was used to stifle its climb.

In other words we may have seen a rest and so could be back to a 2012 period for new fantastic growth, as the rest of the worlds markets start to fail and the US economy headed for another major meltdown.

There will be strong global focus towards crypto and mass adoption which could restart the bull run like it had in 2012 sending us to new epic height.

in the short term I have calculated that a 4.8-5K bottom is true bottom. But we will soon see if 5.8-6.2k has sufficient support.
Comment: IF YOU LIKE MY CHARTS PLEASE COULD YOU CLICK 'LIKE' BUTTON

THANKS
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out