Topic: ~415 - Break out up, or down? - page 10. (Read 8819 times)
Target is $500 before halving.
Yeah, wouldn't be thrilled either if I would make huge profits because of maniacal terrorists (pleonasm?) investing bigtime in crypto.
That aside, I think we'll see $400 pretty soon, perhaps within one week from now.
That aside, I think we'll see $400 pretty soon, perhaps within one week from now.
Nobody is great at TA (only about 5 people in this forum are worth listening to and I'm not one).
Plus points...
- We have had a long bear market.
- 1week logarithmic EMA has been positive for a long time.
- Optimism in the forums.
- Block halving on it's way
- No banning as far as I know
- Bitcoin is being recognized, taxed and adopted.
Negative points...
- More terrorism and Bitcoin is enabling them (could be a positive price driver but I hate terrorists)
- Price of bitcoin is high and people need to change their mindset to owning part of a coin
- Serious money needed to push price
My conclusion would be that we will get a good rise in the oncoming weeks.
Previous bubbles have been 30 days of mega rising.
There will be a bubble, I think we might hit just above the previous ATH before people get scared and stuff.
This is my pull-out-of-ass TA
Plus points...
- We have had a long bear market.
- 1week logarithmic EMA has been positive for a long time.
- Optimism in the forums.
- Block halving on it's way
- No banning as far as I know
- Bitcoin is being recognized, taxed and adopted.
Negative points...
- More terrorism and Bitcoin is enabling them (could be a positive price driver but I hate terrorists)
- Price of bitcoin is high and people need to change their mindset to owning part of a coin
- Serious money needed to push price
My conclusion would be that we will get a good rise in the oncoming weeks.
Previous bubbles have been 30 days of mega rising.
There will be a bubble, I think we might hit just above the previous ATH before people get scared and stuff.
This is my pull-out-of-ass TA
I don't know the first thing about TA but I believe the price will break soon either up or down. Anybody got any guesses?
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