In this year in Q1, I posted about bitcoin and called "Global bottom's in"
and someone who has same opinion with me would make decent profit during 2~3Q 2019.
And now the BIG chance has came again to us according to my own analysis.
Especially, Getting some altcoins look...
BTC now reminds me of ETHUSD in 2019 3Q.
This looks typical triangular pattern, rather than breakdown parabolic pattern.
If it broke down parabolic since 2019 1Q, this rally would maintain more than our thought, widening parabolic curve more gently.
Btw, I don't like these kind of patterns so much, hoping it end as soon as possible..
Blue ones are historical bottom area in my valuation methods.
And another historical oppotunity has come according my own valuation method tools.
This is super long-term perspectives.
By the way, cannot know how dominance of bitcoin would rise.
So, when it comes to STRBTC, it will partially depend on strength of BTC.D's trend.
But in the end, math will tell a...
USDKRW rates is on the verge of "to the moon".
As always, populism policy causes domestic inflation~hyperinflation to make its own fiat money undervalued.
Thus, Many people will eventually suffered, as Turkey, Venezuela, Argentina, Brazil, Greece, and Zimbabwe.
Cannot guarantee ETHUSD's price
But certainly ETHBTC will get downtrend to lose its dominance so severely in the long term view.
There came to us several competitors like BNB and XTZ and so on. They will get its own dominance till ETH 2.0 launches completely, which it satisfies crowd.
Furthermore, BTC seems to want to get his lost dominance again through...
This bottom will not be broken.
Crypto is math.
Math is different from traditional assets.
In my several price models(metrics), This bottom is historical bottom,
which comes to us just once or twice per 3~4 years.
It's time to sell your house, car and the other your all assets except your wife and children for cryptocurrency to make a large fortune.
This is "World best indicator" what i've seen since I entered into the crypto world for trading.
Several days ago, I already called the bottom for bitcoin and published into tradingview.
Since bitcoin came out on earth, Mr. Nouriel Roubini said bitcoin and crypto is scam.
Indeed, in 2013, he leaved mention on his twitter saying,
"In good company with Gold....
Big chance has come again.
I 've told my friends since 2016 about btc,
but even in Dec.2017, they didn't seem to keep in mind.
Now, crowd sentiment is as very low as 2014~2015.
So this time my friends will do same mistake again.
Because this is MATH and also THE LAW OF UNIVERSE, in accordance with NORMAL DISTRIBUTION. (a.k.a. Gaussian distribution)
By analysing the several major ALTUSD charts, We can predict BTCUSD behavior sometimes and all major + minor altcoin's next movement so effectively.
Example is LTCUSD, The one of the major altcoin that has long chart history and Mcap.
Sadly, There's no full chart in the tradingview.
So I made full chart and then uploaded it.
You can see full chart of LTCUSD...
It is related to current hot issue regarding crypto space, decentralized market.
That could be 'hot potato' which RAIBLOCKS is used to be as 0-transaction fee, contrary to BTC in 2017 Q3~Q4 as so high transaction fee.
Plus, that seems backed by Coinbase, which is renowned in the crypto world and has huge potential.
I got it below $1 in April.
And it seems so...
IMO 1.24% this 2 resistance lines are so important in the daily timeframe and that blue line, too.
The bold one is more heavier resistance line and the other one is less.
And today it is broken up by candle (BTICOIN + BITCOIN CASH 1.32% ).
Look so beautiful and confirmation is soon. (daily closure time remains about 2 hours)
This is rare in a year.