Every once-in-a-while, the market gives you a freak of nature. It is happening now. The Surge Oscillator (the focus of my work) sometimes oscillates in sinusoidal-like patterns, and at other times gives these little squiggles. I assume most people think of these little squiggles as "just noise". I don't. Every squiggle has significance and I observe it carefully.
I am contending that we are in a bear market, and not in a bull market for the time being. For short term profits, it is better to be a bear now than a bull. The way the market is acting, juxtaposed with the Surge and Stochasitic oscillators on multiple time frames pointing the way, if I were a bull, I would be afraid.
Though not mentioned in the video, I do believe however, that anyone who buys in this area and holds for a long time will be profitable. It is much better to buy now, than to have bought in the fall last year. If the market does not make new highs this year or next, for sure it will reach to a point higher than you will have bought it now.
But for me, I do not want to wait that long.
One thing is for sure, if Bitcoin reaches $19,800, and Etherium reaches $1,440, I will be ALL IN (those were the highs reached at the end of 2017).
I am contending that we are in a bear market, and not in a bull market for the time being. For short term profits, it is better to be a bear now than a bull. The way the market is acting, juxtaposed with the Surge and Stochasitic oscillators on multiple time frames pointing the way, if I were a bull, I would be afraid.
Though not mentioned in the video, I do believe however, that anyone who buys in this area and holds for a long time will be profitable. It is much better to buy now, than to have bought in the fall last year. If the market does not make new highs this year or next, for sure it will reach to a point higher than you will have bought it now.
But for me, I do not want to wait that long.
One thing is for sure, if Bitcoin reaches $19,800, and Etherium reaches $1,440, I will be ALL IN (those were the highs reached at the end of 2017).
