We see Bitcoin is still trapped in this falling wedge despite all of the positive sentiment here.
The Bear market should subside in late 2018 moving us into a consolidation phase and that leads us to the next bull run in late 2019 or early 2020. I don't pretend to know the future, I can only make educated guesses based on the information available to me.
The Bear market should subside in late 2018 moving us into a consolidation phase and that leads us to the next bull run in late 2019 or early 2020. I don't pretend to know the future, I can only make educated guesses based on the information available to me.
Comment:
I noticed a lot of people are focused on October 2018, look where my red wedge converges with the trend line formed in March of 2017, that happens in October of 2018 should we keep the current downward pace.Will it catch the trend line from March 2017 and head up or continue down past it? We will see.
Comment:
The trend started in September 2017 became visible in March 2018 validated again in May 2018 and now what could be again. If BTC starts riding THIS line I will be shocked, but Bitcoin has shocked me many times before.
Unfortunately though, realistically I believe $4800 is still in play and after this short lived battle at 8k we will go back down to finish this correction out proper with a legendary accumulation before the biggest pump the world has ever seen.
Bitcoin is so important, its so necessary. Satoshi knew it and 2008 confirmed it to him and the world. Now Alt coins live close to Bitcoin, an entire ecosystem has evolved.
They proved to us our financial system is a joke, its meaningless when theres no responsibility being taken, theres no ethical values being upheld and and they can print money into oblivion (QE).
The way I see this current situation is the world is slowly being forced to integrate into our ecosystem, not the other way around. We started our own financial system and as time passes everyone who has a device and access to a network will become involved.
God bless this space, let the light rise up in it and crush the darkness.
Unfortunately though, realistically I believe $4800 is still in play and after this short lived battle at 8k we will go back down to finish this correction out proper with a legendary accumulation before the biggest pump the world has ever seen.
Bitcoin is so important, its so necessary. Satoshi knew it and 2008 confirmed it to him and the world. Now Alt coins live close to Bitcoin, an entire ecosystem has evolved.
They proved to us our financial system is a joke, its meaningless when theres no responsibility being taken, theres no ethical values being upheld and and they can print money into oblivion (QE).
The way I see this current situation is the world is slowly being forced to integrate into our ecosystem, not the other way around. We started our own financial system and as time passes everyone who has a device and access to a network will become involved.
God bless this space, let the light rise up in it and crush the darkness.
Comment:
Check out the trend/wedge that ends at 4k! We bounced right off that trend line!
Comment:
and bounced again off the lower red line, incredible. Get ready for anything, I know what's possible now, 1k is in play.