Although Bitcoin has freakish'ly followed to the T my last prediction I posted (I will post screenshot of this) about it going completely bonkers and crashing down again; I AM NOW PIVOTING COMPLETELY. I am now bull'ish on Bitcoin, I do not think it will crash anymore.
Great investors and traders adapt like water. And in this case, some key fundamentals and mass social psy has changed since I've posted that.
My fundamentals still stand from the pink comment boxes from that Bear prediction; however, I think BTC somehow from some 'trigger' event within the next year or so becomes a hedge like Gold against the market. Once this is proven that BTC is universally and globally recognized as a PROVEN hedge and store of value like Gold; the WORLD will become bull'ish, they have no choice once it validates itself as a true store of value. Bitcoin will have officially ended it's Bear cycle and completely exited out of accumulation range and in the early stages of the Bull.
LOOK OUT FOR ETH. My spidey senses led me to ETH last week and I never dismiss my 'senses'. I looked at charts to see if my 'sense' was indeed correct and if things from a technical side may be lining up... it is.
I got into a Huge position with ETH at $198 that I plan to hold for a few months. There is a good chance ETH may go haywire crazy. I will leave my ETH position once I feel it has 'topped' and ready for correction from it.
Bitcoin will continue consolidating for awhile, but in a oh so slightly upward trend consolidation.
Happy trading, and good luck...