First of all, props to redking75. His analysis on Bitcoin MACD inspired me a lot.
Now as you can see, since we started coming down on the 17th of December, this beautifull funneling pattern has developed on the MACD .
Bear market started ---> MACD pattern started
MACD pattern respected for 115 days ---> Price downtrend has indeed lasted 115 days
We act stupid when we loose the ability to see the big picture, and when we forget why we invested in the first place.
Bitcoin is being mistreated by so many people. They talk about it like if it is just another currency or stock, when it really represents what has the possibility of becoming the one instrument of trade used after the inevitable collapse of the...