This is not a drill. We just broke through resistance dating back to November 2015, 4 touches before this. Forget about your silly alts, this is the real thing. Geopolitical/economic events have/will continue to fuel this. Localbitcoins will go nuts in various countries. Bitcoin is digital gold. Bitcoin is money. The self-fulfilling prophecy has been fulfilled.
And all this is happening with China (in some senses) completely out of the picture. So, what happens when China “unbans” bitcoin and we have an even healthier picture in China. This is the one you will tell your kids/grandkids about, it’s really here. This will be a wild ride.
Up we go, where she stops…nobody knows. Welcome to the digital gold rush, prices will never be this low again, and I can’t even imagine what will happen by the next halving in 2020. But I digress.
Weekly/Monthly as bullish as can be.
All systems go, prepare for liftoff.
And all this is happening with China (in some senses) completely out of the picture. So, what happens when China “unbans” bitcoin and we have an even healthier picture in China. This is the one you will tell your kids/grandkids about, it’s really here. This will be a wild ride.
Up we go, where she stops…nobody knows. Welcome to the digital gold rush, prices will never be this low again, and I can’t even imagine what will happen by the next halving in 2020. But I digress.
Weekly/Monthly as bullish as can be.
All systems go, prepare for liftoff.
Note
Looking for a daily close above the 1.618 fib at $1750, this would suggest we are going to the next stop at the 2.618 fib at $2284, might happen today.Note
Looks like China is beginning to join the party again:twitter.com/cnledger/status/869934911179735040
twitter.com/btc_joe/status/869944812597895168
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.