You're right fellas, seems to be struggling with us hanging around the $380 for a while.
I expect there will be some significant movement soon - which way, I don't know
And why exactly do you expect it?
Apart from the longshot 1week ema cross that would result in attempt to break 480$ (which is unlikely), and catching the momentum from that (which is even more unlikely).
Last time 1w macD went green and ema's crossed it was nothing but a failed rally into more dumps. I seriosly dont expect pretty much anything for next 3 months or so.
Appreciate your TA, gotta be honest, I'm not good at chart analysis. All I know is that we've been pretty much sideways for over a month.
You could be right, but like you said, last time your indicators showed a breach, it was quickly brought back down. I just think were really cheap at the moment and I'm personally loving it
Just being cautious, as I don't think it'll take much to inflate price (50,000-100,000BTC) "pump" on a major exchange is not a lot, is it?
That's only $18-25Mil : $36:50Mil cash injection, nice chunk of change for us Average Joe's, but not that much for some investors/companies.
It's just my opinion bro, but I think the BTC market-space is very small at the moment, and we are all hedging for a significant injection of Fiat in near future. The fact BTC has liquid value is amazing!
Eg. I rather have 500BTC @ $400 = $200,000 then 200BTC @ $800 = $160,000
You guys still don't get it, everyday that passes, this "injection of cash" you are waiting for is adding near $2mil PER DAY... Injections of cash have been trying to happen but these stupid machines are producing a lot of money FAST!!
Know what you mean, hang on in there bro!!
Given up on just holding Coin for some time now, because my family and some friends think I'm mad investing so much in BTC.
I try keeping on the down low, and just come on here to vent on my bitcoin extended family
I bought some coin back in the day (wish had bought more) now trying best to keep increasing, it's hard work 18Hrs/7days a week.
I hope it's gonna Happen big time at some point but seriously doubt it'll be tomorrow or the next week, month.
With that I'm less stressed as used to be and if it does get pumped (I mean serious pumpage $3000+) then would count myself even luckier.
Truth is, that it might never do that and you're right, even if the market cap 4x'ed doesn't mean the price/coin will also, like we all are hoping for.
imo today's investors will be waiting many more years before stability at a boom price and that there's going be many mini rallies and dumps along the way.
I'm in my mid 30's now and if even get significantly rich of BTC, think I'll be closer to early 40's by that time.
