So the dump did come, the shooting star weekly was indeed a good dump indicator.
However, as always, there are now many emotional charts out there. As long as we climb, everything is super nice, but as soon as it starts dumping, doom and gloom is back, hehe!
Good old hysterical bitcoin land :)
I think we won't go lower than the middle weekly bband, so around the 7k area. Putting precise numbers is not too reasonable anyway with the craziness of BTC.
So then, we will probably oscillate around for a few months, until the daily MA200 cathes up with these prices.
At some point, the price will touch or almost touch the daily MA200.
Then, the next bullrun will start, bringing us to ATH levels, and slowly leading to the next giant rally with 100k+ in 2020-21.
That's my current view, as always I could of course be wrong :)
However, as always, there are now many emotional charts out there. As long as we climb, everything is super nice, but as soon as it starts dumping, doom and gloom is back, hehe!
Good old hysterical bitcoin land :)
I think we won't go lower than the middle weekly bband, so around the 7k area. Putting precise numbers is not too reasonable anyway with the craziness of BTC.
So then, we will probably oscillate around for a few months, until the daily MA200 cathes up with these prices.
At some point, the price will touch or almost touch the daily MA200.
Then, the next bullrun will start, bringing us to ATH levels, and slowly leading to the next giant rally with 100k+ in 2020-21.
That's my current view, as always I could of course be wrong :)