BTC: We are Only Getting started Ladies and Gentlemen

2017年12月18日

As more and more people gain awareness into Bitcoin and see the increase in BTC price, we can only continue to go up from here in the longer & weekly to monthly terms for BTC/USDBTCUSD

Logically who would want to sell BTC below $10K if it hit $20,000 a day ago? Thus the price must continue to rise, and rise until a much excessive parabolic move is hit then we can retrace downward into the $10,000's at the lowest

Short term, I believe BTC is due for a pullback, but the dips are become smaller and tighter as more people want to enter the cryptosphere thus making traditional technical analysis completely useless

(Side Note: The NASDAQ and S&P 500's overly-promised bull-run with stupidly high P/E ratios is coming to an end by 2018 and will enter a bear market before the Federal Reserve Collapse of the traditional banking system coming in 2018 will lead more people into a decentralized global currency and will start to trust Bitcoin longer term, as seen in China/Venezuela/Korea corrupt countries, resultingly more money will be injected into the crypto-space)

2017年12月20日

註釋

BTC completed its 0.71% correction to the short-term support line. We must wait another day as there is no bearish sentiment/indicators until we confirm the loss of buyers at $18,300-19,200