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Moshkelgosha
Oct 21, 2020 1:46 PM

Do Not Trade Bitcoin, Invest in Bitcoin for The next 2 years! Long

Bitcoin / U.S. dollarBitstamp

Description

The last 2 major bullish rallies in Bitcoin last 105 and 120 weeks! Both followed by a major correction of more than 80% of the previous rally!!! after making a consolidation pattern, it broke the downtrend and made a pullback.
It seems we are at the earliest stage of the next bullish rally, which could last more than 100 weeks! so in the next 2 years buy the dips but don't sell the highs! whatever you do ride the new trend for two years unless you see a reversal pattern (close below 10000) in weekly charts!
Comments
PetrusdeCourtrai
I don't think we'll ever see sub 10k prices again. But you're right of course. This is pretty much 2017 all over again. We could be heading for a new ATH.
superiorJaguar24882
Wow, Nice and I wish i was into all this stuff back when u shared your thoughts. Any thoughts, now as we continue in 2024 as to a direction or such.?
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