That said, looking at the charts this year over the long term, I think we'll see a slow buildup for the rest of this year. Will probably reach $15k by end of year, but I don't think we'll see a breakout only a year after the last bull run ended. 2018 is the recovery year, 2019 will possibly be the next boom year.
That's fair. I strongly believe that every bottom in 2018 will settle below the $10,000 level, where from time to time we see a smaller breakout to +$10,000 levels.
People are so focused on a quick recovery to last year's peak, that it only works against the market. Barely anyone here likes relative stability, which is quite sad actually. Bitcoin's volatility isn't helping Bitcoin's currency aspect people say, but when we finally have some sort of stability within a solid range, no one is using it as currency. It just points out how stupid the overall mentality is. If you aren't using Bitcoin as currency in a stable market, then why do you think it's necessary to talk down on Bitcoin during volatility?
People just want to have something to complain about. It's like the weather, people are never satisfied. Pathetic.
