Bitcoin 2017 Episode II: Bitcoin strikes back
Well here we are, the last prediction to get us here panned out pretty well. We needed to rally into 2017 for the headlines, momentum, and the TA. Well done Bitcoin bulls/bitlievers :)
Now what? Well, your guess is as good as mine. We're now at the largest tipping point in Bitcoin's life (happy belated 8th birthday btw!!!!). Given past events, it appears we're entering a Mania/Bubble phase for various reasons (see CNY devaluations, India Gold/Capitol controls, USD continuing QE under trump, Africa, Zimbabwe, France, Greed, Segwit, Blocksize increase etcetera).
With that said, look to your trusty Fib extensions for targets, don't let your greed get the best of you, and always clear some profits :)
Most likely this chart will not pan out, so trade at your own risk!!
Good luck!
Now what? Well, your guess is as good as mine. We're now at the largest tipping point in Bitcoin's life (happy belated 8th birthday btw!!!!). Given past events, it appears we're entering a Mania/Bubble phase for various reasons (see CNY devaluations, India Gold/Capitol controls, USD continuing QE under trump, Africa, Zimbabwe, France, Greed, Segwit, Blocksize increase etcetera).
With that said, look to your trusty Fib extensions for targets, don't let your greed get the best of you, and always clear some profits :)
Most likely this chart will not pan out, so trade at your own risk!!
Good luck!
Kommentera:
Kommentera:
We fricken did it!!! Is this real life?!!? :*D
