The Fibonacci circle will strike Bitcoin down.
Hi everybody,
this is the long term road map for bitcoin;
it's very easy to do so yourself; you select the fib channels and you select 3 points; from high to high and then the low of 2015
(obviously you do so in logarithm scale, as you always do everything in logarithm scale ... )
as you can see it all lines up so beautifully that you don't need much more to see where the long term trend line is, right?
so, to me the long term trend line is very obvious, the only question is ... when will it turn from where it is now and go back to where it supposed to be?
(which is the green channel)
yes, it could be it goes up to $10k first, but that doesn't matter ... unless of course you're thinking about maybe selling some ... you know, like everybody else right now;
shall I sell now or wait a bit longer? maybe just sell a little bit and I'll call it risk management ...
as in; the longer this goes on the lower people will set their selling limit ... a few days ago it was still well above $8k, right now it can barely maintain that itself above the $8k for more than a couple hours, as there are so many people thinking ... maybe I sell a little bit, just a little bit ... and a little bit more and a little more and all it takes is for 1 big fish to sell what he might think is just a little bit and boom; there we go ... back to the green, long term trend line ... as always
DISCLAIMER: yes, this is financial advice; SELL, sell all of it ... but if it doesn't work out; don't sue me, sue those that did NOT follow my advice, because as long everybody sells .. it will drop, so if it doesn't drop, it's not because my advice was bad, but because people didn't follow it ;-)
this is the long term road map for bitcoin;
it's very easy to do so yourself; you select the fib channels and you select 3 points; from high to high and then the low of 2015
(obviously you do so in logarithm scale, as you always do everything in logarithm scale ... )
as you can see it all lines up so beautifully that you don't need much more to see where the long term trend line is, right?
so, to me the long term trend line is very obvious, the only question is ... when will it turn from where it is now and go back to where it supposed to be?
(which is the green channel)
yes, it could be it goes up to $10k first, but that doesn't matter ... unless of course you're thinking about maybe selling some ... you know, like everybody else right now;
shall I sell now or wait a bit longer? maybe just sell a little bit and I'll call it risk management ...
as in; the longer this goes on the lower people will set their selling limit ... a few days ago it was still well above $8k, right now it can barely maintain that itself above the $8k for more than a couple hours, as there are so many people thinking ... maybe I sell a little bit, just a little bit ... and a little bit more and a little more and all it takes is for 1 big fish to sell what he might think is just a little bit and boom; there we go ... back to the green, long term trend line ... as always
DISCLAIMER: yes, this is financial advice; SELL, sell all of it ... but if it doesn't work out; don't sue me, sue those that did NOT follow my advice, because as long everybody sells .. it will drop, so if it doesn't drop, it's not because my advice was bad, but because people didn't follow it ;-)
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