"Markets usually don't do what the majority of people expect to happen."
Since there are so many people that would like to buy a dip at or under 5k, we might just see an incredibly large, multi-month rounding bottom on BTC, potentially transforming into a Cup & Handle pattern.
If this were to happen, we can expect accumulation during the next months and a slow buildup of buying pressure, leading up to ATH prices in late 2019.
'Capitulation' might be the potential ETF rejection of CBOE VanEck / SolidX in the end of September this year.
Since there are so many people that would like to buy a dip at or under 5k, we might just see an incredibly large, multi-month rounding bottom on BTC, potentially transforming into a Cup & Handle pattern.
If this were to happen, we can expect accumulation during the next months and a slow buildup of buying pressure, leading up to ATH prices in late 2019.
'Capitulation' might be the potential ETF rejection of CBOE VanEck / SolidX in the end of September this year.