...on the monthly picture we never were really bullish this year.
Look at my previous charts from summer:
and
Although the chances were increasing a bit towards bullish in the last weeks, I never went past neutral.
Neutral was the best I could get out of this market.
And now, we are back on track, back on track for the good ol' cheap coins in 2019 :)
I think the low will be in the 3k area.
I will start buying in January 2019, and continue for the whole year, every week.
Buy when the sheep are panicking :)
Best indicator by the way, when the stupid mainstream media start writing their idiotic articles "bitcoin is dead"
"bitcoin: game over", etc.
That is the best time to buy, and I think this will be next year, because remember, the halving in 2020 is coming.
And then afterwards BTC will hype again.
Look at my previous charts from summer:
and
Although the chances were increasing a bit towards bullish in the last weeks, I never went past neutral.
Neutral was the best I could get out of this market.
And now, we are back on track, back on track for the good ol' cheap coins in 2019 :)
I think the low will be in the 3k area.
I will start buying in January 2019, and continue for the whole year, every week.
Buy when the sheep are panicking :)
Best indicator by the way, when the stupid mainstream media start writing their idiotic articles "bitcoin is dead"
"bitcoin: game over", etc.
That is the best time to buy, and I think this will be next year, because remember, the halving in 2020 is coming.
And then afterwards BTC will hype again.
코멘트:
코멘트:
Waiting for the next dump wave to start, bringing us down to the upper 4xxx area. Then bounce (but still not final bottom)
prntscr.com/limj2b
you can see that an uptrend in price started only after the daily transactions (excluding popular addresses), went past the previous all-time high in transactions. I marked that point with a red arrow. Every time really, the price followed not long afterwards.
This time is very similar. When we'll top 400k daily Tx, we'll see BTC reverse and pick up steam for the next rally. This might happen in late 2019, early 2020.