I'VE BEEN STUDYING THIS AND DOING EXTENSIVE RESEARCH.
What i see is bitcoin continue to slowly decrease early, possible mid, MAY.
After that is where we will see a general increase in BTC for some time followed by a sharp rally to all time high.
I'll be waiting for the lowest dip in May. i Believe binance is now supporting option trading for BTC now as well, so look to take advantage of that for short puts and long calls
Doesn't make sense. Depression for the world and a bull run for Bitcoin..
russkishurik
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@kryptocurrency1, you are right, but you are weng. You are looking at it from a logical perspective, but not from the logical perspective of bitcoiners.
Remember, alot of the stock market had psychological influences.
By your viewpoint Bitcoin shouldn't have hit it's all time highs in the first place.
Bitcoiners find haven in this "currency" and look to it as being more lucrative than hold in times of uncertainty.
Also, with the halving system, it makes Bitcoin seen more financially stable right now than the US DOLLAR, WHICH THE FED SAID THEY WOULD PRINT AS NECESSARY, which creates the fear of unlimited printing, future (not soon) inflation.
Always put your mind in the investors head that are investing in it. I'm not a bitcoiner either, I play strictly stocks and options, but I am also an anaylzer, which means I can't make decisions of bias, but rather facts.
And if my theory does pan out, who knows maybe I'll begin to invest into Bitcoin as well