MichielVan_Kets

MichielVan_Kets Updated 

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 ...

MichielVan_Kets Updated 

fibonacci circles on the AT lows = on the long term trend line look at aug - sept 2015 and agree with me; the ultimate signal that the bottom is in, is when we get back above the trendline ... in order for that to happen, we first need to drop below the trendline ... that didn't happen yet not to say it has to happen, but in 2015, before we went parabolic, we...

MichielVan_Kets

last leg of the Elliot wave this while that diagonal line is one of the lower trendlines of the Fibonacci channel, which we've been following for years ...

MichielVan_Kets

just messing around ... I can see the elliot wave up to point 4, but how to pick point 5? no idea, so I'm just testing it a bit here

MichielVan_Kets

those are all trendlines drawn in between 2012 and 2017 ... they're very strong look around, you will see how many touch points there are

MichielVan_Kets

we're not done yet hard to say what it will do once it hit 12k, but it does look like it will hit the 12k ...

MichielVan_Kets

wait and see, but at some point it has to happen in order for bitcoin to actually make a difference

MichielVan_Kets

we're not going to see those extreme peaks nor drops anymore ... it's become more stable ... which is important for a currency ....

MichielVan_Kets Updated 

We're about to shoot up to $275k, but ... not yet.

MichielVan_Kets Updated 

even if it were to hit 11k ... it's still in an upwards trend !!

MichielVan_Kets

Is it gonna go up ?!? NO !! ow, so it's going to go down then, right ?!? NO !! What ? How ? SIDEWAYS !!!

MichielVan_Kets Updated 

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

MichielVan_Kets

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...

MichielVan_Kets

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 !!

MichielVan_Kets

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...

MichielVan_Kets Updated 

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...

MichielVan_Kets Updated 

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...

MichielVan_Kets Updated 

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 :)