BTC.Devery test of 71% has resulted in #altseasons, but this looks to me like btc dominance could push higher with stoch monthly RSI separated from macd line and has room to run. but know this is we get BTC 100k and alts get destroyed then so be it we buy more and wait because 90% BTC dominance dumping to 35% in 2022 will be the m most epic #HODLer atlseason ever. but I still think 71% will block the BTC push higher and alts will start moving, it is historically been a great time to buy alts at the 71% area. All we do now is watch.
Hodlstrong
XRP - we are getting close !!We are approaching a WEEKLY bullish MACD cross !
Volume by price showing we are in an area of strong support.
May we get a false breakout of the bullish descending wedge to scare people and give up their valuable XRP right at the bottom ?
Hold strong XRP army - we are getting close !!
My prediction is beginning to prove itself. $7442 before $20kAccording to the price movements from yesterday as well as the recent days before i began to notice bitcoin correcting at a steady pace and that the $10.3k range would be a defining factor as to how deep that correction would be. I continued to monitor this because i was certain of it breaking through the support . low and behold it did down to around $9.k area. according to the beginning of the very fast , almost vertical ,bull run we just experienced a pullback of this amount would make perfect sense. so NO WORRIES! in fact, this would actually be a very quick opportunity to make some very nice gains before we say our last goodbyes to 4-digit bitcoin prices. my prediction is that we will quickly correct to about $7442, which in more broad speculation is actually still bullish as far as trends go since the beginning of the first bull signal that woke up the hopes of many bitcoin advocates. i also predict that this will signal our journey to our last ATH ($20kish) and completely bust straight through it actually. The dip will be fast so please pay atttention. i would love to see if my calculations are correct. Have a great week people!
probably 500-700 correction incoming, but bounce afterwardsHi i'm new here and I've been following crypto for a long time, overall I'm fairly bullish in the upcoming months, and I think we will see struggles here and there. Fidelity is opening a lot of peoples eyes that this could be a first step into "mass adoption", and I think we all love to see those big hitters taking the risks and putting it on their own shoulder before we put it on our own. Truth is though is that a lot of small businesses are already accepting bitcoin, and other alt coins as payment just do your own research. Mass adoption will take place within this year, of course governments will do their best to hold the flood gates back because they are trying to protect their own dollar, but they only hurt themselves by disabling their country from not allowing it in.
accumulate now and get in, because we goin' big.
"Markets can remain irrational longer than you can stay solvent"It appears the XRP bears are determined to test XRP HODLers commitment to their bags. I personally made another purchase when I woke up to prices below the trend line which the price is now relying on as support. For the life of me, I'll never understand how anyone could ignore how unfathomably underpriced XRP is, as the crypto-currency most likely to become the IMF's first cryptographically validated digital currency. With rumors surrounding recent IMF announcements now suggesting XRP is on track to becoming the next world reserve currency, there's a serious disconnect between XRP's current market cap of less than $14 billion and the very real future of XRP facilitating the cross-boarder movement of 10s of TRILLIONS of dollars. In other words, XRP's current market cap is less than 1/1000th the volume Ripple is currently courting access to. Again to be clear, 10s of trillions is denoting the collective volume of Ripple's CURRENT partners, not rumored/potential future partners.
To anyone who understands the relation between market cap and 24/h volume, it's not hard to draw the conclusion that XRP isn't just 1/1,000th under-valued. It's likely 1/10,000th under-valued today, based upon current partnerships. A network which gains ~3 new partners every week. So every week XRP sits at this price range, is another week it becomes further undervalued. So needless to say I could care less how much long price is suppressed for, it just boggles the mind that I've been given the opportunity to buy XRP so cheap, compared to it's utility value, I've given up all life's vices and pleasures to dump my entire life's earnings over the last 8 months into this asset. Why? Because I know once banks get the lead out of their systems, they'll make me a billionaire. With or without new speculative volume entering the market between now and then. But because I feel grateful in this opportunity, I also feel compelled to share it. Why? Because I know my current bags will make me at least a centi-millionaire in no more than 10 years time.
Most likely far sooner than that. But I'm not here to convince anyone this is a get rich quick scheme, because if you think of XRP (or any other digital asset as such) YOU WILL GET REKT. To clarify, BTC has existed for 10 years. But the vast majority of it's growth can be distilled to 30 days. That's 120 days in the red, for one day in the green. So even on average, you'll be holding for 4 months before you see a single percent gain. Good luck getting rich quick. The only people who get RICH in crypto, are those with the HODL mentality. Those who buy dips and HODL in anticipation of the inevitable, yet still mystical green day.
BTC/USD The Continued HODL JourneyI still believe that Bitcoin can surpass $15k by the end of 2018, and am still HODLing it for the philosophy of HODLing. Right now, it reached a bottom point, especially due to the regulatory aspects of it. People were also shortening it with BTC Futures. However, now institutional investors are seeing the technological potential of Bitcoin and more emerging cryptocurrency companies are starting to pop up. Compared to other cryptos, it is still one of those most advanced out there. This is especially true when looking at the lightning network or segregated witnesses. The biggest problem right now in price is that amateur investors look at short terms gains over long term ROI. Beware of "Proof of Greed" as some might say, not POW.
The Return of the Bulls!My Head and Shoulders last night was a little bit tilted but not wrong; adjusted it to match with the high set last night. Now, for the first time in a while, I'm not presenting a possible head and shoulders that may finish; it has literally just finished! A smaller head and shoulders launched us up from the bottom of the head, continued by a slightly narrowing bull flag, which was propelled higher by a beautiful pennant (which tend to continue the trend that they finished) and now we are forming a small bull flag right up against the neckline of the rather sizable inverse head and shoulders. Now, we must still wait for the neckline to be broken, but once it is, we are golden, and the completion of the big right shoulder should happen beautifully. As I am writing this, the bull flag just launched us up further. Good luck to all!
Likes and comments are greatly appreciated, as I would like to have enough reputation to comment myself!