BITCOIN EN ROUTE TO TRANSFORMING WOLRD ECONOMY - CryptoManiac101
Updated
With massive manipulation in progress and panic selling ensuing, all you can do as an intelligent investor is slowly but surely refill your positions in BTC and ALTS. Every person who has been in crypto space for over 9 month and understand basic economics, can see that we are on a brink of a massive adoption cycle. Not do not take this directly, we are not talking about Bitcoin mainstream adoptions, we are referring to alts adoptions, however since Bitcoin is digital gold of cryptocurrency, it will move up towards it's next target surely and firmly in coming month.
Many will refer to 2014 similarly as to 2018 and try to combine these two patterns to conclude that sideways movement with downward trend is what we will see. That's actually incorrect in many ways, but mainly it's false since you're looking at two completely different stages of Bitcoin. Back in 2014 there was no talks about adopting blockchain and cryptocurrency into firms, governments, regulators weren't taking it seriously and most of the world never even heard of Bitcoin, let alone cryptocurrency or blockchain technology.
Currently we are in mass adoption stage which means that institutional investors are not far off from getting into crypto. By our estimates it will happen within this year when we will see mass money flow in crypto sphere. Many have said that this is the biggest bull run known to cryptocurrency history that is awaiting to take place, and we would agree. No one of course knows the true capability of institutional money, but at this point we can only speculate about it.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Many will refer to 2014 similarly as to 2018 and try to combine these two patterns to conclude that sideways movement with downward trend is what we will see. That's actually incorrect in many ways, but mainly it's false since you're looking at two completely different stages of Bitcoin. Back in 2014 there was no talks about adopting blockchain and cryptocurrency into firms, governments, regulators weren't taking it seriously and most of the world never even heard of Bitcoin, let alone cryptocurrency or blockchain technology.
Currently we are in mass adoption stage which means that institutional investors are not far off from getting into crypto. By our estimates it will happen within this year when we will see mass money flow in crypto sphere. Many have said that this is the biggest bull run known to cryptocurrency history that is awaiting to take place, and we would agree. No one of course knows the true capability of institutional money, but at this point we can only speculate about it.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
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Guys please smash LIKE on this chart, it gives us huge support!Note
Keep in mind that minor drops to demand zone which is at $5,800 are possible but you should not be panicking if in for long term or even medium termTrade active
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Give us a LIKE on this chart for support guys!Note
Which coins will go up the highest guys? Share your thoughts belowTrade active
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Looks like we will be testing $7,000 againNote
We just turned short term bearish. We have few supports above $6,200 but if $6,500 is not maintained, we will see another dumpNote
$6,000?Note
If this doesn't tell you that market is in mass manipulation phase, I don't know what doesNote
Those who are worried about ETF being available this year, don't. It will go through with ease. This is just the technique used by high power personas who are attempting to push price to it's lowest point. Whales do not buy high, they buy in at cheapest points which usually are created artificially.Note
If we had news of NYSE exchange together with Starbucks looking at crypto few month ago, that would have set price up by over 40%Note
Recommendations to people who care... HOLD your alts or bitcoin, don't sellThis is not financial advice
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Looks like sideways movementNote
There is bear flag that I see, let's see if it breaksNote
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We are leaning more bullish now, but still be cautious if in for short termTrade active
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Similar movement to what we seen yesterday. Neutral stage but indicators are bearish, pattern is bullish. You decide haha.Note
This is what I see in terms of indicators and short term patternNote
If this drop will occur, do not think it as negative for Bitcoin. It's clear that whales are not buying in at these levels just yet. We need a nice demand zone which at this point is at around $5,800Note
Also keep in mind that due to ETF decision being postponed until September 30 whales might be holding off waiting for it. In other words I believe that this all is an inside job in sense which will be seen when you will have investor cash flow into market just days or hours before decision is released. Oh yeah, ETF will surely go through but SEC will first approve their own people, not Winkel twins. Companies that are for example connected to Goldman Sachs and so on will be the first ones with an ETF and only after that you will see inflow of other ETF.Note
If you have 2 seconds, please give us LIKE on this chartNote
Perfect, as expected move down... Around $5,800 is our supportNote
Target still not reached, alts are suffering the most here, but this is all part of this phaseNote
Be patientNote
We are almost at first targetNote
Still failed to touch bottom at $5,800Note
If we can get nice bounce now, we will benefit from it and won't need to touch bottomNote
If you're a new trader who doesn't yet know fully how to read indicators and so on but are able to invest for at least 4 month, this would be a good time to do that. Pro traders with more advanced traders, wait for more confirmation.Note
When I see this amount of FUD in my comments, it makes me very happy. Means that we are anger/depression zone where people no longer think rationally and just post their negativity just because they invested in crypto what they could't afford to lose and didn't sell in time. Same to what has happened in 2017, all the nay sayers lost out at the end due to pure ignorance. People who actually follow me and understand true value in cryptocurrency and blockchain, understand what is to come. Happy trading everyone and love you my fudders hahaNote
$500 bounce hahaTrade active
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Short tremors can buy but only if you're a PRO traderNote
I'm working on short term chart for you guysNote
We have reverse head n shoulders possibility here. This is not perfect pattern, but with crypto nothing is perfect. Keep Safe SL around 8170
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$6,500 needs to break soonNote
Reverse head n shoulders I sent above is still activeTrade active
Short term trade is open. We have great time for quick profits.Note
This is getting to be very interesting
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