srezz, at what point do you think this could turn into a bear market, any clear signals to look for or was today a possible signal? thanks
srezz, at what point do you think this could turn into a bear market, any clear signals to look for or was today a possible signal? thanks
Look at the shape of the weekly WMAs. Even if we hit volatility implied lower $4K we are still going to be in a bull market.
gotcha, so i assume this is just another correction and once its resolved we will continue another uptrend wave. thanks
Hey people I just want to throw it out there. Go back and look at the 2013 bitcoin and see the reasonable possibility of something similar to that happening now and continuing to do things like this over the next 10 years that,seems pretty reasonable to me. (Ppl yell it’s a bubble, then it pops and then hits new highs, ppl yell its a bubble it pops and then hits new highs)
A pull back 20,000k to 5000k isn’t really a big deal when it was selling for around $1000 or less, less than a year ago. Also look at many of the altcoins charts compared to bitcoin, we see when they hit new highs they were having pullbacks of nearly 80%. So I feel that bitcoin’s chart could do something similar to what a lot of these all coins were doing. There needs to be balance.
As a trader or owner. It’s easy, just don’t sell and don’t invest more then you can lose. If you do this you should not be sweeting the fluctuations.
Look I think btc can be over 100k by 2020. And I’ve made my investing strategy based on this. The wourld has yet to understand what The idea of decentralization really means. Hell we still haven’t figured out the full potential of the Internet.
Very wise thoughts.. thank you
true that.