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Allec
Aug 28, 2018 6:44 PM

BTC fifth and last fake bull run? 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Dear traders,

everybody is happy, BTC is going up. Everybody think 10.000 12000, but as you can see
this again maybe fake bull-run to 7200-7500.
Or maybe everyone is tired and BTC goes to 9000.
We are missing one important thing, there is an open spot between 5200-5850.
After that we have a free way to heaven
Please give me your opinion

Hans

Trade active

Dear traders,

and there hits the hammer again. I warned you guys.
Target:
1 5850
2 5200
Comments
TradeSicario
In my opinion we are going higher than 7500 but this is not yet bull run. Market have to be booooooring to reset cycle and then again bulls come.
Remember last year becore bullrun ?? August - november was kind of a boring time and then in 1 month we reach almost 900b mcap. It can happen one more time in short period of time but more possible is organic growth because of mass blochchain adoption. By the way people still remember their last year fomo and they lost lots of money and many of them i not all of them have bearish sentiment
Allec
@lukryc6751, yes maybe same ride up as we got down. The only thing is the unfilled gab between 5200-5850
Allec
@lukryc6751, thanks for your opinion
lukryc
@Allec, I like your ideas D: By the way I find something like this media.discordapp.net/attachments/390128614256934932/485822153749692416/unknown.png and this is very possible considering my theory about "reset cycle". As you can see between half of 2015 to half of 2016 there is a booring time when Bitcoin going vertical and that is the key to put the alertness of small players to sleep.
Allec
@lukryc, Yes that's right. If we hit now 11500 then we have the same schedule. But i think first a dip to 5200. let's see
lukryc
@Allec, I think that for hitting 5200 is more organic for BTC and more bullish
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