wait and see, but at some point it has to happen in order for bitcoin to actually make a difference
What if we're not going to see another peak like we did twice before and bitcoin is just going to keep growing, but more stable ?!? that would be a good thing ...
we're not going to see those extreme peaks nor drops anymore ... it's become more stable ... which is important for a currency ....
even if it were to hit 11k ... it's still in an upwards trend !!
Is it gonna go up ?!? NO !! ow, so it's going to go down then, right ?!? NO !! What ? How ? SIDEWAYS !!!
maybe we see another little drop, but even that is doubtfull, this while $275k before the end of the year is simply inevitable ... it's called hyperinflation
The 2 blue curves are the same over the same time period, but bitcoin was developed to counter fiat printing and they're printing like never before, so ... of course that the process has been speed up !! We might see the $275k much earlier, simply because the fiat printing has been escalating ... it's inevitable ... the red curve might very well continue !! it...
at this point it's wait and see; it might very well go for the next bull run any time now or ... this sideways thing is gonna drag on a bit longer, which will probably cause another little dip ... BTFD but ... $275k before the end of the year is still the next target !!
told ya not to fomo all the time ... yes, we're on a long turn upwards trend, we always are, it's just going much slower than all you gamblers make yourself believe, so ... it's more than just a correction, but not really a crash either ... it will reach the $275k, but by the end of the year, not next week ... relax !! another 8 to 9 months, that's when you...
To print or not to print ... they are printing and they will only print more ... it shouldn't be, but the helicopter money is gonna 'work' ... ... not really, they're only delaying the inevitable, but it might last another 5 to 10 years until we see the final and actual crash of the fiat system, but it will work for the next few years ... the fiat crash is over...
When the price goes the opposite direction of the RSI, it's called 'divergence' !! If you don't know what term means, I strongly advise to look it up and do your homework. This is financial advice, but before you can sue me for your losses, you first need to send me some of your profits :)
ok, it might break that line, it could be, sure so ... now that I did the disclaimer ;-) even if it were to break that red line; it will take some time; it has to break it, as in; it's not going to be that easy; it doesn't really have much momentum right now. wait and see ... in the next couple of days it will become more obvious whether this is a break out or...
we can see that parabolic line repeats itself, but there's also a big difference; everybody knows, which is why it keeps fomo bubbling ... it's gonna keep doing that ... ~275k by the end of this year is by now the 'safe' prediction; I'm gonna go a bit bolder; those trillions they keep printing ... they have to go somewhere ... $500k by the end of the year !!
it can go up or it can go down, but when it does both of them for a little while, not knowing which way to go ... it's called sideways :)
so, you want some long explanation for it all, right ?!? I don't have any ... markets are not rational ... we should be staying between the median long term trends lines, the green lines, yet we're yet again half way some fomo bubble ... basically ... I analyse the market very rationally to project where it should be going, and then I assume the market will do...
1) the fomo bull run in 2019 was too high, too fast, too soon ... it needed to hit that ultimate bottom first, but we're passed that now ... 2) it's for real this time; $250k-$300k incoming ... after this little correction that's we might see in the next 30 days