Only this one is NOT going to POP!
We have clear sailing to the end of the year. There was a shake out a few days ago, wild gyrations which look like red crosses on the Daily Chart. In a matter of hours, stop losses were run and people were taken out of their positions at the (then) top of the market and the lows pretty far down. Then the buying came in.
50 Day MA still up. Other MA's still separated and moving up. All indicators are positive.
I still think we are looking at around $15,000 before any type of meaningful correction. The question is "Do you sell and buy back in lower considering how quickly things can turn?" I am of the opinion that riding those lows is just part of the bitcoin experience and to simply buy more at lows is a better opportunity. No Capital Gains Tax.
So trade other crypto's to get more cash, trade other instruments or suck it up and buy with some of your paycheck, or sell some stuff.
Major trends like this go for a LONG time. The bubble is not going to pop soon, although it may feel like it occasionally. This is a roaring trend like the coming of the computer age, the industrial age, etc.
We needed a new leader to get the markets going again. Guess what?...... It's Bitcoin and The Blockchain. And the Big Boys like the C.M.E, C.B.O.E and now the N.A.S.D.A.Q are getting involved.
Opportunity of a lifetime.
If we double next year, it'll be $20,000 plus. I think we can easily hit $45k by December 2018.
We have clear sailing to the end of the year. There was a shake out a few days ago, wild gyrations which look like red crosses on the Daily Chart. In a matter of hours, stop losses were run and people were taken out of their positions at the (then) top of the market and the lows pretty far down. Then the buying came in.
50 Day MA still up. Other MA's still separated and moving up. All indicators are positive.
I still think we are looking at around $15,000 before any type of meaningful correction. The question is "Do you sell and buy back in lower considering how quickly things can turn?" I am of the opinion that riding those lows is just part of the bitcoin experience and to simply buy more at lows is a better opportunity. No Capital Gains Tax.
So trade other crypto's to get more cash, trade other instruments or suck it up and buy with some of your paycheck, or sell some stuff.
Major trends like this go for a LONG time. The bubble is not going to pop soon, although it may feel like it occasionally. This is a roaring trend like the coming of the computer age, the industrial age, etc.
We needed a new leader to get the markets going again. Guess what?...... It's Bitcoin and The Blockchain. And the Big Boys like the C.M.E, C.B.O.E and now the N.A.S.D.A.Q are getting involved.
Opportunity of a lifetime.
If we double next year, it'll be $20,000 plus. I think we can easily hit $45k by December 2018.