On Track for $BTC to $260k *The GREAT Accumulation has Begun*
Here we see $BTC in its previous run-up gliding along the PURPLE trend line once it has hit its floor.
$BTC has hit its FLOOR, in other words $BTC has BOTTOMED, in other words, $BTC isn't going lower than $3178 ever again
Back to the analysis, it touches the PINK parabolic trend line breaching it for a moment and then going back to accumulation mode once again.
We see this occur 3 times over the course of a year, and on the 3rd time BOOM goes that dynamite!
Now here we are, in 2019, fiat on ramps have improved, market sentiment is vastly different than the MT. GOX era and institutional is primed and ready.
We have completed the first accumulation push of the year, we will have two more if market psychology remains the same(which i believe it will). The market cycles also seem to be following the same patterns but in a much more drawn out fashion.
In conclusion, the end of this year is going to be euphoric, especially if you have been accumulating through out the entirety of it.
Think, Plan, and Enjoy the future!
Cheers!
$BTC has hit its FLOOR, in other words $BTC has BOTTOMED, in other words, $BTC isn't going lower than $3178 ever again
Back to the analysis, it touches the PINK parabolic trend line breaching it for a moment and then going back to accumulation mode once again.
We see this occur 3 times over the course of a year, and on the 3rd time BOOM goes that dynamite!
Now here we are, in 2019, fiat on ramps have improved, market sentiment is vastly different than the MT. GOX era and institutional is primed and ready.
We have completed the first accumulation push of the year, we will have two more if market psychology remains the same(which i believe it will). The market cycles also seem to be following the same patterns but in a much more drawn out fashion.
In conclusion, the end of this year is going to be euphoric, especially if you have been accumulating through out the entirety of it.
Think, Plan, and Enjoy the future!
Cheers!