I see things. I pick up on signals. Many others feel the same signals. Some would categorize it as noise, perhaps they are right because technically it's all noise, but it's the noise that resonates on my frequency. That's the noise to which I listen. Are you diggin' my vibes? And my triangles? I will win a contest at the elementary school I attend for the most radical and colorful and accurate chart ever!
I do believe that about mid-January, BTC will be witnessing another ATH , mostly because many more people will recognize it is an immutable store of value, in essence replacing gold . It's use as a currency to me seems limited, and won't be implemented for the main reason that nobody in their right mind would spend it. If you had a 10 kilogram ingot of gold , would you spend it on gum and a couple of books on Amazon? Would you spend BTC on something like that? (Side note: About 4 years ago I was buying mushroom spores with BTC . Oh man... I wish I could have that back. Or maybe not, those spores grew into some of the most amazing fungi I have ever seen. And experienced.)
BTC , like gold , will be used as a store of value, as a safe fiat flight haven for wealth, and as a standard of value for all other alt coins, of which a few are actually not at all shit. Bitcoin: The new gold! In new and improved digital crypto!
When transactions occur with BTC they will be larger, sometimes immense. Take for example the $485,000,000 transfer that took place a couple of weeks ago. Once the majority of the people recognize this, and realize how much easier it is to accumulate and store BTC than gold , and that basically with BTC you'll have a timeline compression of exponentially incredible growth within 30-50 years (of which we are 10 years into since 2009) of the growth of gold which took about 6-10,000 years to be a standard of wealth.
Bitcoin is the new standard, and is ushering a new golden age of economic prosperity and world peace. Reliable sources of information about Bitcoin: If you haven't read it yet, do so now, "The Bitcoin Standard" by S. Ammous, well researched and well written; a great podcast is Bitcoin Knowledge hosted by Trace Meyer; and whenever you can listen to Erik Voorhees, do so.
During the holidays in the United States, the biggest topic of conversation outside of Aunt Sally's gender confusion, will be BTC , and more Americans than ever will be (again) exposed to it by their economically knowledgeable tech savvy relatives who will undoubtedly help open a Coinbase or other centralized exchange account to ease them into the crypto world of investing. Most of the new people will probably be HODLR's, which is still the best investment/trading philosophy as HODLR's have a daily average of .33%. It will be a nice pump come January 2020, especially also when by that time there will be a good chance of a 2008 economic meltdown scenario. It's inevitable. Might even happen sooner. Who knows when exactly? But we all know it will happen, an inevitable (predictable?) Black Swan event. You can't print fake money forever that's not even backed by faith and trust anymore, only debt. Fiat is clearly doomed. Bitcoin isn't disruption. It is dynamite.
And of course, institutional trading will be in full effect y'all. Fidelity and TD Waterhouse will bring how much by then?
In the shorter to mid term though, I'll be catching those sub-support dips and the alt spring in the fall of '19.
Don't call me Nostradamus. Call me Negative Ion. See you on those waves!