BitcoinLong
BTC/USD still on Track on longterm Bull-Trend
Updated
As u can see we are still on track in longer term bull-trend. As others have pointed out on Trading View already, BTC is repeating it's previous bull fractal in a reversed form, which projects a aprox. bottom at around 2500 to 3500$. Thus I'm expecting it to hold the lower support-levels in this fib-resistance-fan.
I don't even try to dare to predict a possible upward peak. Let's leave that quiet unpredictable parameter to the market itself! ( ;
Bear-cycles are beautiful! It gives the people, who see the real beauty in distributed ledger cryptos, a chance to accumulate more crypto in exchange for their FIAT-crab!
It's hard to say when we'll see a "reversal", (we could pretty much go sideways for a bit) but its coming your way next year guys!
And then anybody will be trying to hop on the hype train again. So, buy a ticket before the masses come in, learn from history, cheers!
I don't even try to dare to predict a possible upward peak. Let's leave that quiet unpredictable parameter to the market itself! ( ;
Bear-cycles are beautiful! It gives the people, who see the real beauty in distributed ledger cryptos, a chance to accumulate more crypto in exchange for their FIAT-crab!
It's hard to say when we'll see a "reversal", (we could pretty much go sideways for a bit) but its coming your way next year guys!
And then anybody will be trying to hop on the hype train again. So, buy a ticket before the masses come in, learn from history, cheers!
Note
As @Dashtothetop pointed out, it's important to wach the MA 200 and 50. which are currently indicating downwards momentum. But MACD is maybe indicating a reversal due to crossing and pointing up.
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