LegionWolf

Bitcoin Long Term Analysis

BITSTAMP:BTCUSD   比特幣
This is what I see for BITCOIN.
Finishing bear market around 20k dollar($19.415) then when the next bull run starts we will see higher prices, with $74.865 being my first area of Take Profit after buying at the lows.
Patience is key, if you invest for the long term, the next 5-10 years can be amazing to generate wealth.
As I saw the FALL of bitcoin from April 14th-18th this year(you can check my previous analysis before all the news bullshit from China, etc, it just work as a liquidity driver because price doesn't go up forever) and I've been correct until now.
I also see the long term bullishness with this simple chart.
There's more to it but I can't describe all the concepts on the charts since I'm under NDA and I respect my mentor.
Just don't be like the masses, afraid of the dump and selling everything.
Actually, I don't care if you sell, I actually want to so I buy at discounted price and let's see who will laugh in the next Bull Run :D

Hunt or be hunted. The market has no emotions, just you and your weak hands, greediness and fear hahaha

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