rjmacarthy
Long

Bitcoin goes to 60k

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Techincal: Just an idea, Elliot wave , ascending channel , bull flagging on day chart.

Price can drop 8500-9k as the cart suggests.

Psycology:

Price can drop 8500-9k as everyone and his dog suggest, its a psychological barrier.

Is Crypto really going away now? Think about the growth over the last year, a lot of people still don't know about crypto ad will use it in the future without knowing about it, but still be interested to invest in these companies and assets.

If BTC stays the "king" its the entry to Crypto, and an easy asset to hold.

A lot of "hodlers" will "hodl".

C'est la vie!
wouldn't the previous market cycle of 2009-2013 be your Macro wave 1? and what we experienced in the last 18 months was a macro wave 3?
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The only problem is that market is flooded with idiots who think BTC is overpriced, they flock to things like XRP chasing another 1000X growth... BTC gets attacked by everyone, altcoin shills, Coinbase, Bitcoin Cash, BTC miners, media, no-coiners.... seriously, BTC is the most hated coins.

Which is also why it's the best :)

But will the best one win?
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