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Time to board the Bitcoin train

 
Anonymous Coward
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02/18/2019 06:06 PM
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Re: Time to board the Bitcoin train
High $19,065 (on weekly chart)
Current $3,900

Nearly all people who have bought Bitcoin since 9/17/2017 are UPSIDE DOWN on their purchase. There have only been 5 weeks since then that Bitcoin has traded lower than it's present price, and all of those have been in the last 2 months. To top it off those prices haven't been much lower than the present price (meaning not much of a gain has been possible).

Following the 90/10 rule, a mania object will lose lose 90% of it's gains once the mania ceases leaving only 10% of the gains, AT MOST. With that knowledge one can easily calculate where a solid basing area for Bitcoin MIGHT come into play.

Weekly price high $19,065, the old long term basing ares before the "Bubble" was in the $600 to $950 range, so let's call it $1000 for shits and grins, leaving a BUBBLE GAIN of $18,000+-. 90% of that is $16,200. 19,065 less $16,200 gives an indicated HIGHEST LEVEL potential pricing base area in the $2,850 range, but it could easily be lower. (That is still a solid $1000 below the current level). Bitcoin could easily go all the way back to it's old basing area of $600 to $900 before it hits a solid foundation.

If you analyze risk, even if one believes in Bitcoin, one should NOT invest in Bitcoin until it hits that potential base area $2,850 (preferably lower), otherwise your RISK for further declines is way too high on a "risk adjusted basis".


(in my review of major "mania's" over the centuries I have noted that some go all the way to ZERO ... only those with real economic substance can really form a "Base" and SLOWLY start back up from there. To add further ... usually the collapse off of a bubble top takes 24 to 60 months, with most of those collapses bottoming in the 36 to 48 month range)
 Quoting: Midwest Skeptic


hesright
 Quoting: Anonymous Coward 70799888


$2,850 Could happen indeed.
 Quoting: Anonymous Coward 77069094


fwiw ... one also HAS to look at the TIMING for the bottoming of the object of a Mania. IMO we are still WAY TOO EARLY on the timeframe chart for a solid bottom of this Mania to be hit.

Those that look at price alone are missing the entire psychology of the group of people who "invested" in the mania object, and when they psychologically FINALLY throw in the towel on their "investment". A solid base can NOT be formed UNTIL the mass of investors psychologically GIVE UP and throw in the towel on their losing investment ... which requires the passage of time.
 Quoting: Midwest Skeptic


[link to uk.tradingview.com (secure)]
scientia sit potentia

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02/18/2019 06:06 PM
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Re: Time to board the Bitcoin train
BitCoin is for drugs, blackmail and things like that and for people who dream of getting money for nothing.

A.I needs digits to control us and you can now buy a device to mine an area by tracking all the MAC addresses of people around you and uploading this spying information back to central servers.

Bitcoin cost £55 per transaction just over 12 months ago and is just a modern day scam.
 Quoting: No way 77372041


shill
scientia sit potentia
Anonymous Coward
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02/18/2019 06:13 PM
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Re: Time to board the Bitcoin train
watching big buys coming in for LTC .


damned
Anonymous Coward
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02/18/2019 06:16 PM
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Re: Time to board the Bitcoin train
watching big buys coming in for LTC .


damned
 Quoting: Anonymous Coward 74902125


popcorn
scientia sit potentia

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02/18/2019 06:16 PM
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Re: Time to board the Bitcoin train
...


hesright
 Quoting: Anonymous Coward 70799888


$2,850 Could happen indeed.
 Quoting: Anonymous Coward 77069094


fwiw ... one also HAS to look at the TIMING for the bottoming of the object of a Mania. IMO we are still WAY TOO EARLY on the timeframe chart for a solid bottom of this Mania to be hit.

Those that look at price alone are missing the entire psychology of the group of people who "invested" in the mania object, and when they psychologically FINALLY throw in the towel on their "investment". A solid base can NOT be formed UNTIL the mass of investors psychologically GIVE UP and throw in the towel on their losing investment ... which requires the passage of time.
 Quoting: Midwest Skeptic


[link to uk.tradingview.com (secure)]
 Quoting: Anonymous Coward 77069094


thanks for sharing. wish i had the indicator
scientia sit potentia
scientia sit potentia

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02/18/2019 06:18 PM
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Re: Time to board the Bitcoin train
Billionaire ex-PM of Thailand: It’s still early. Most people haven’t yet understood blockchain. If you are willing to learn, you could be rich.

"After graduated from the US he started one of the first computer shop and then went on to created the first mobile phone operator and ultimately sold them for 2bn. In the mean times he was winning every single election for ten years before he was ousted and prosecuted by the military.

Today, he went on a podcast and talk about blockchain. He cited case in Rwanda where blockchain is used to connect local supplier to retailer don’t know what he referred to. He then explain about decentralization, how bitcoin could become internet of value and then encouraged that blockchain is something people should try to learn.

source in thai: [link to www.thaksinofficial.com (secure)] [link to siamblockchain.com (secure)]
 Quoting: Anonymous Coward 77069094

 Quoting: Anonymous Coward 76724217


Thaksin is totally correct.

The decentralized, open-ledger Blockchain has so many MOAR use cases, than just crypto tokens.

It will completely transform the world economy, over the next 10 - 20 years.


hello fren
scientia sit potentia
Anonymous Coward
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02/18/2019 06:21 PM
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Re: Time to board the Bitcoin train
Heres a news feed for cryptos .

[link to www.cryptocompare.com (secure)]
syncro

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02/18/2019 06:21 PM
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Re: Time to board the Bitcoin train
High $19,065 (on weekly chart)
Current $3,900

Nearly all people who have bought Bitcoin since 9/17/2017 are UPSIDE DOWN on their purchase. There have only been 5 weeks since then that Bitcoin has traded lower than it's present price, and all of those have been in the last 2 months. To top it off those prices haven't been much lower than the present price (meaning not much of a gain has been possible).

Following the 90/10 rule, a mania object will lose lose 90% of it's gains once the mania ceases leaving only 10% of the gains, AT MOST. With that knowledge one can easily calculate where a solid basing area for Bitcoin MIGHT come into play.

Weekly price high $19,065, the old long term basing ares before the "Bubble" was in the $600 to $950 range, so let's call it $1000 for shits and grins, leaving a BUBBLE GAIN of $18,000+-. 90% of that is $16,200. 19,065 less $16,200 gives an indicated HIGHEST LEVEL potential pricing base area in the $2,850 range, but it could easily be lower. (That is still a solid $1000 below the current level). Bitcoin could easily go all the way back to it's old basing area of $600 to $900 before it hits a solid foundation.

If you analyze risk, even if one believes in Bitcoin, one should NOT invest in Bitcoin until it hits that potential base area $2,850 (preferably lower), otherwise your RISK for further declines is way too high on a "risk adjusted basis".


(to condense MANY years and a lot of research of my looking at MANY Manias: ... in my review of major "mania's" over the centuries I have noted that some go all the way to ZERO ... only those with real economic substance can really form a "Base" and SLOWLY start back up from there. To add further ... usually the collapse off of a bubble top takes 24 to 60 months, with most of those collapses bottoming in the 36 to 48 month range)
 Quoting: Midwest Skeptic


You call it "a mania" as if it is something not unique and in its adoptive infancy. It is a black hole that has hardly approached the assets that may convert to it. The on-ramps are just starting to form. I'm admittedly biased though and could be wrong.

Last Edited by syncro on 02/18/2019 06:27 PM
Kodiak Island

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02/18/2019 06:26 PM
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Re: Time to board the Bitcoin train
[link to stakebase.com (secure)]

Try it out this Q1
 Quoting: Anonymous Coward 77069094


This stakebase.com looks like it could be a really good idea if you didn't have to surrender your private keys.

As the saying goes... "Never go full Retard" and "Never Surrender Your Private Keys".

Go here instead and figure out how to set up a masternode yourself: [link to masternodes.online (secure)]
 Quoting: Kodiak Island


I've had some 15 or more MN (Masternodes) over the last year. I always had someone build them and get them on their feet in the beginning. Now most MN coins have a script you can put into a VP to automatically create a MN ! The only reason I am still in the crypto game is because I kept moving. The hold and sit game is no good in crypto. I have Chainlink (LINK) now. Most of the MN coins are paying very little passive income now. "Smart contracts" are the next word you will hear in crypto !
 Quoting: Anonymous Coward 76660192


I tried the MN thing back in late 2017 and made buttload a of money. Then the big crash came an I probably ended up loosing most of all of it.

Which Coins do you have for MN?
Kodiak
Big BTC fees
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02/18/2019 06:28 PM
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Re: Time to board the Bitcoin train
The scammers (miners and development team) hosting the BTC servers got too greedy to early and showed their color's when they put TX fees up to $50

Gambling addicts are looking for one last spin of the dice and are being paid to post silly dreams all over the internet.

Crypto is here to stay because it is needed by AI to bribe and control us and if you look then you can see that this is already starting to happen and you can earn digits by running MAC tracking spyware on your phones.
Anonymous Coward
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02/18/2019 06:35 PM
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Re: Time to board the Bitcoin train
The scammers (miners and development team) hosting the BTC servers got too greedy to early and showed their color's when they put TX fees up to $50

Gambling addicts are looking for one last spin of the dice and are being paid to post silly dreams all over the internet.

Crypto is here to stay because it is needed by AI to bribe and control us and if you look then you can see that this is already starting to happen and you can earn digits by running MAC tracking spyware on your phones.
 Quoting: Big BTC fees 77372041


Do you even read anything in your life?
Kodiak Island
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02/18/2019 06:47 PM
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Re: Time to board the Bitcoin train
I always get s good laugh at the crypto ignorant comments.

I like to go back in time and watch videos from 2010-2016 and read the comments. When Bitcoin was at $3 people were saying it was a bubble, it’s a scam, it’s a pyramid scheme, it’s going to zero, it’s only used for illegal activity, it has no practical use, bla, bla, bla.

Then it went to $35... rinse and repeat.
Then it went to $375... rinse and repeat.
Then it went to $1200... rinse and repeat.
Then it went to $20,000... rinse and repeat.
Then it went to $Pick a number!
Anonymous Coward
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02/18/2019 06:53 PM
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Re: Time to board the Bitcoin train
I always get s good laugh at the crypto ignorant comments.

I like to go back in time and watch videos from 2010-2016 and read the comments. When Bitcoin was at $3 people were saying it was a bubble, it’s a scam, it’s a pyramid scheme, it’s going to zero, it’s only used for illegal activity, it has no practical use, bla, bla, bla.

Then it went to $35... rinse and repeat.
Then it went to $375... rinse and repeat.
Then it went to $1200... rinse and repeat.
Then it went to $20,000... rinse and repeat.
Then it went to $Pick a number!
 Quoting: Kodiak Island 77078319


hf
Anonymous Coward
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02/18/2019 06:53 PM
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Re: Time to board the Bitcoin train
I always get s good laugh at the crypto ignorant comments.

I like to go back in time and watch videos from 2010-2016 and read the comments. When Bitcoin was at $3 people were saying it was a bubble, it’s a scam, it’s a pyramid scheme, it’s going to zero, it’s only used for illegal activity, it has no practical use, bla, bla, bla.

Then it went to $35... rinse and repeat.
Then it went to $375... rinse and repeat.
Then it went to $1200... rinse and repeat.
Then it went to $20,000... rinse and repeat.
Then it went to $Pick a number!
 Quoting: Kodiak Island 77078319


Too many with no knowledge how to use a calculator.

I know most of us have one laying around.







Even solar powered!

No excuse whatsoever.
ChefElvis

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02/18/2019 06:54 PM

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Re: Time to board the Bitcoin train
[link to www.fetch.ai (secure)]
Renaissance Woman

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02/18/2019 06:54 PM
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Re: Time to board the Bitcoin train
I always get s good laugh at the crypto ignorant comments.

I like to go back in time and watch videos from 2010-2016 and read the comments. When Bitcoin was at $3 people were saying it was a bubble, it’s a scam, it’s a pyramid scheme, it’s going to zero, it’s only used for illegal activity, it has no practical use, bla, bla, bla.

Then it went to $35... rinse and repeat.
Then it went to $375... rinse and repeat.
Then it went to $1200... rinse and repeat.
Then it went to $20,000... rinse and repeat.
Then it went to $Pick a number!
 Quoting: Kodiak Island 77078319


So are you suggesting that those who got in way too high in late 2017 (16k or thereabouts) should HODL? There is hope for them?
"For with thee is the fountain of life: in thy light shall we see light."
Midwest Skeptic

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02/18/2019 07:03 PM
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Re: Time to board the Bitcoin train
High $19,065 (on weekly chart)
Current $3,900

Nearly all people who have bought Bitcoin since 9/17/2017 are UPSIDE DOWN on their purchase. There have only been 5 weeks since then that Bitcoin has traded lower than it's present price, and all of those have been in the last 2 months. To top it off those prices haven't been much lower than the present price (meaning not much of a gain has been possible).

Following the 90/10 rule, a mania object will lose lose 90% of it's gains once the mania ceases leaving only 10% of the gains, AT MOST. With that knowledge one can easily calculate where a solid basing area for Bitcoin MIGHT come into play.

Weekly price high $19,065, the old long term basing ares before the "Bubble" was in the $600 to $950 range, so let's call it $1000 for shits and grins, leaving a BUBBLE GAIN of $18,000+-. 90% of that is $16,200. 19,065 less $16,200 gives an indicated HIGHEST LEVEL potential pricing base area in the $2,850 range, but it could easily be lower. (That is still a solid $1000 below the current level). Bitcoin could easily go all the way back to it's old basing area of $600 to $900 before it hits a solid foundation.

If you analyze risk, even if one believes in Bitcoin, one should NOT invest in Bitcoin until it hits that potential base area $2,850 (preferably lower), otherwise your RISK for further declines is way too high on a "risk adjusted basis".


(to condense MANY years and a lot of research of my looking at MANY Manias: ... in my review of major "mania's" over the centuries I have noted that some go all the way to ZERO ... only those with real economic substance can really form a "Base" and SLOWLY start back up from there. To add further ... usually the collapse off of a bubble top takes 24 to 60 months, with most of those collapses bottoming in the 36 to 48 month range)
 Quoting: Midwest Skeptic


You call it "a mania" as if it is something not unique and in its adoptive infancy. It is a black hole that has hardly approached the assets that may convert to it. The on-ramps are just starting to form. I'm admittedly biased though and could be wrong.
 Quoting: syncro


Yep ... your are 100% RIGHT.

I looked, and still look, upon the huge run of Bitcoin as a BUBBLE.


Being a BUBBLE at that stage doesn't mean the Bubble Object doesn't have long term real potential, just that expectations got so far out of hand with reality that it became a typical MANIA, of which there have been many in history.

The Tulip Bubble in Europe is a good example ... the BUBBLE collapsed, but growing Tulips is still a very large REAL industry in the Netherlands. (ditto the silver bubble of the late 70's early 80's, the US farmland bubble of the late 70's, gold bubble of the early 80's, oil bubble of the early 1980's ... all of those are REAL items that have intrinsic value in the real economy but each went through a strong "Bubble Phase")

The same thing happened with the entire Tech Industry in the 1998-2000 time frame, with most of those bubble MANIA driven stocks eventually crashing down, though those with a solid business plan and that were actually were making money subsequently went gangbusters (ie: Amazon, Apple, etc.).

Tony Plummer had a good book on the psychology of the "investors" from a Crowd Psychology perspective which he wrote in the early 1990's, which is still in print. "The Psychology of Technical Analysis" Great book then, still a great book today. Mass behavior psychology does NOT change with time imo. fwiw ALL of Tony's books are worth a read if you are interested in Markets. Read them and then you MUST throw in Michael Lewis's first book (imo his best - much better than "The Big Short") "Liar's Poker" to see how the trading houses and the entire financial industry, DRIVES people to invest in crap, and you will start to see an understandable outline of how mania's develop and collapse.

Cryptos, with blockchain technology, probably have a HUGE future in front of them ... and Bitcoin MAY be part of that, but when coming off of a "Bubble" one needs to be cautious as to one's timing wrt investing in a fallen star.

Last Edited by Midwest Skeptic on 02/18/2019 07:06 PM
Midwest Skeptic
Kodiak Island
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02/18/2019 07:04 PM
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Re: Time to board the Bitcoin train
I always get s good laugh at the crypto ignorant comments.

I like to go back in time and watch videos from 2010-2016 and read the comments. When Bitcoin was at $3 people were saying it was a bubble, it’s a scam, it’s a pyramid scheme, it’s going to zero, it’s only used for illegal activity, it has no practical use, bla, bla, bla.

Then it went to $35... rinse and repeat.
Then it went to $375... rinse and repeat.
Then it went to $1200... rinse and repeat.
Then it went to $20,000... rinse and repeat.
Then it went to $Pick a number!
 Quoting: Kodiak Island 77078319


So are you suggesting that those who got in way too high in late 2017 (16k or thereabouts) should HODL? There is hope for them?
 Quoting: Renaissance Woman


Of course.

People were having this same conversation when Bitcoin was at $3, $35, $300, $1200, and of course, right now at $3900.

In my opinion, it is a virtual certainty that it will rocket much, much higher at some point. There is just too much money on the sidelines waiting to get in.
Kodiak Island
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02/18/2019 07:09 PM
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Re: Time to board the Bitcoin train
I always get s good laugh at the crypto ignorant comments.

I like to go back in time and watch videos from 2010-2016 and read the comments. When Bitcoin was at $3 people were saying it was a bubble, it’s a scam, it’s a pyramid scheme, it’s going to zero, it’s only used for illegal activity, it has no practical use, bla, bla, bla.

Then it went to $35... rinse and repeat.
Then it went to $375... rinse and repeat.
Then it went to $1200... rinse and repeat.
Then it went to $20,000... rinse and repeat.
Then it went to $Pick a number!
 Quoting: Kodiak Island 77078319


So are you suggesting that those who got in way too high in late 2017 (16k or thereabouts) should HODL? There is hope for them?
 Quoting: Renaissance Woman


Of course at some point a sort of top or plateau, shall we say, will be reached. But I do not believe we are even close to that level yet.
Rockwell
Rockwell

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02/18/2019 07:17 PM

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Re: Time to board the Bitcoin train
This is probably the last big bull run for bitcoin. You can get on for the ride or not.

I expect Bitcoin will become the next reserve currency. It is almost by accident, but probably not. My target for Bitcoin in the next 3-5 years is $250K. That's from institutional money that is about to go in.

From that point it could go exponential. The dollar and most fiat are debt instruments and the debt is not reliable. We could have hyperinflation across multiple currencies at the same time with value fleeing for both gold and bitcoin. This has never happened before. It could get interesting.
"All great truths begin as blasphemies." - George Bernard Shaw
Kodiak Island
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02/18/2019 07:21 PM
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Re: Time to board the Bitcoin train
This is probably the last big bull run for bitcoin. You can get on for the ride or not.

I expect Bitcoin will become the next reserve currency. It is almost by accident, but probably not. My target for Bitcoin in the next 3-5 years is $250K. That's from institutional money that is about to go in.

From that point it could go exponential. The dollar and most fiat are debt instruments and the debt is not reliable. We could have hyperinflation across multiple currencies at the same time with value fleeing for both gold and bitcoin. This has never happened before. It could get interesting.
 Quoting: Rockwell


5arockonbanana2
Moon&Stars

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02/18/2019 07:21 PM
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Re: Time to board the Bitcoin train
The bottom isn't in yet. When it is, it's time to board the train. See Tyler Jenks Hyperwave and Willie Woo's NVT indicator. The best are calling the bottom anywhere between $1K and $1600. There is support/resistance at about $1250 in the middle of that range. This dump should occur by mid-year.

Then, the recovery happens, about $4K by end of year. After that, a rise to about $8K happens fairly quickly - and BTC becomes very hard to buy, with panic buying. So, get in before then.
Moonstar
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02/18/2019 07:25 PM
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Re: Time to board the Bitcoin train
The bottom isn't in yet. When it is, it's time to board the train. See Tyler Jenks Hyperwave and Willie Woo's NVT indicator. The best are calling the bottom anywhere between $1K and $1600. There is support/resistance at about $1250 in the middle of that range. This dump should occur by mid-year.

Then, the recovery happens, about $4K by end of year. After that, a rise to about $8K happens fairly quickly - and BTC becomes very hard to buy, with panic buying. So, get in before then.
 Quoting: Moon&Stars


Interesting times indeed :)
TheProphecy

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02/18/2019 07:29 PM

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Re: Time to board the Bitcoin train
The bottom isn't in yet. When it is, it's time to board the train. See Tyler Jenks Hyperwave and Willie Woo's NVT indicator. The best are calling the bottom anywhere between $1K and $1600. There is support/resistance at about $1250 in the middle of that range. This dump should occur by mid-year.

Then, the recovery happens, about $4K by end of year. After that, a rise to about $8K happens fairly quickly - and BTC becomes very hard to buy, with panic buying. So, get in before then.
 Quoting: Moon&Stars


hf
Anonymous Coward
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02/18/2019 07:52 PM
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Re: Time to board the Bitcoin train
The bottom isn't in yet. When it is, it's time to board the train. See Tyler Jenks Hyperwave and Willie Woo's NVT indicator. The best are calling the bottom anywhere between $1K and $1600. There is support/resistance at about $1250 in the middle of that range. This dump should occur by mid-year.

Then, the recovery happens, about $4K by end of year. After that, a rise to about $8K happens fairly quickly - and BTC becomes very hard to buy, with panic buying. So, get in before then.
 Quoting: Moon&Stars


lol No one has this level of future market detail. This is the biggest crock of shit I ever read.

We bottomed back in November. The LTC halving approaches. The 50 and 200 MA have crossed which is a sure indicator the bear market is over.

Only idiots like jsnip4 sold the bottom

lmao
Moon&Stars

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02/18/2019 07:54 PM
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Re: Time to board the Bitcoin train
The bottom isn't in yet. When it is, it's time to board the train. See Tyler Jenks Hyperwave and Willie Woo's NVT indicator. The best are calling the bottom anywhere between $1K and $1600. There is support/resistance at about $1250 in the middle of that range. This dump should occur by mid-year.

Then, the recovery happens, about $4K by end of year. After that, a rise to about $8K happens fairly quickly - and BTC becomes very hard to buy, with panic buying. So, get in before then.
 Quoting: Moon&Stars


Interesting times indeed :)
 Quoting: Anonymous Coward 77069094


Yes, very. Two S. American countries just did a commodities sell/buy using BTC - a $7K purchase. It's a start and will become more common.

hf
 Quoting: TheProphecy


I'm recently out right side up. Yea! Waiting for the capitulation to get back in - with increased assets and profit icing on top. Then, oh what a ride it will be!

hf
Moonstar
Moon&Stars

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02/18/2019 08:02 PM
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Re: Time to board the Bitcoin train
The bottom isn't in yet. When it is, it's time to board the train. See Tyler Jenks Hyperwave and Willie Woo's NVT indicator. The best are calling the bottom anywhere between $1K and $1600. There is support/resistance at about $1250 in the middle of that range. This dump should occur by mid-year.

Then, the recovery happens, about $4K by end of year. After that, a rise to about $8K happens fairly quickly - and BTC becomes very hard to buy, with panic buying. So, get in before then.
 Quoting: Moon&Stars


lol No one has this level of future market detail. This is the biggest crock of shit I ever read.

We bottomed back in November. The LTC halving approaches. The 50 and 200 MA have crossed which is a sure indicator the bear market is over.

Only idiots like jsnip4 sold the bottom

lmao
 Quoting: Anonymous Coward 75851995


The bottom wasn't November. You didn't listen to anything about hyperwaves, which is what BTC is in. Not a bubble. It's a hyperwave. You also didn't take the time to read or understand Willie Woo's NVT indicator. Other experts are in agreement with them, but think the bear market may last a little longer than they do.
One more has mapped this out based on an intricate data analysis, and he's been right since the inception of BTC. His call is bottom at about $1245 - same timing as Jenks and Woo.

On the BTC weekly chart, the 50MA has just begun crossing the 100MA. The dump is coming.
Moonstar
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02/18/2019 08:13 PM
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Re: Time to board the Bitcoin train
Sounds like someone got rekt selling at the bottom.


We will never see sub 3k BTC or sub 30 LTC ever again.

hyperwave us made up bullshit made up by some nut Johnny woo woo.


better buy back in now before you get left in the dust.
Rockwell
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02/18/2019 09:03 PM

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Re: Time to board the Bitcoin train
The bottom isn't in yet...
 Quoting: Moon&Stars


Perfection is the enemy of the good. I've been averaging back in.
"All great truths begin as blasphemies." - George Bernard Shaw
Anonymous Coward
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02/19/2019 03:33 AM
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Re: Time to board the Bitcoin train
The bottom isn't in yet. When it is, it's time to board the train. See Tyler Jenks Hyperwave and Willie Woo's NVT indicator. The best are calling the bottom anywhere between $1K and $1600. There is support/resistance at about $1250 in the middle of that range. This dump should occur by mid-year.

Then, the recovery happens, about $4K by end of year. After that, a rise to about $8K happens fairly quickly - and BTC becomes very hard to buy, with panic buying. So, get in before then.
 Quoting: Moon&Stars


lol No one has this level of future market detail. This is the biggest crock of shit I ever read.

We bottomed back in November. The LTC halving approaches. The 50 and 200 MA have crossed which is a sure indicator the bear market is over.

Only idiots like jsnip4 sold the bottom

lmao
 Quoting: Anonymous Coward 75851995


The bottom wasn't November. You didn't listen to anything about hyperwaves, which is what BTC is in. Not a bubble. It's a hyperwave. You also didn't take the time to read or understand Willie Woo's NVT indicator. Other experts are in agreement with them, but think the bear market may last a little longer than they do.
One more has mapped this out based on an intricate data analysis, and he's been right since the inception of BTC. His call is bottom at about $1245 - same timing as Jenks and Woo.

On the BTC weekly chart, the 50MA has just begun crossing the 100MA. The dump is coming.
 Quoting: Moon&Stars


Could be it was stronger than expected.

So 2600 - 2900 was bottom.





GLP