December of last year I thought there would be a crash but didn't see it going below 5 digits, even though long term charts said it should dip back under $10k for a while.
Then recently I thought bear market was over and we'd have sideways trading at 6000 for a few months before the bull market started again, even though long term charts showed that it should dip down to $4k for a bit to hit a bottom on par with the long term trends.
Now I know! Don't let your bullish bias assume the crashes can't possibly be as low as the long term charts suggest they will be.
Long term says we should have expected a drop under $5k, now we got it. And we should maybe expect a $3k to $6k price range for a while. And it may not even hit $10k again until a year from now, and that's ok. And we probably shouldn't expect the next exponential run to happen until 2021 ($100k+?) following the halving just as 2013 and 2017 were the last two boom years following 2012 and 2016 halvings.
With these details here it's obvious and clear that seeing our asset for long term goals will have a profitable future for all of us. Don't get intimidated with the current price dips, because eventually the market is gaining good signs to surge faster in the next unexpected days this year or even next the start of 2019.Then recently I thought bear market was over and we'd have sideways trading at 6000 for a few months before the bull market started again, even though long term charts showed that it should dip down to $4k for a bit to hit a bottom on par with the long term trends.
Now I know! Don't let your bullish bias assume the crashes can't possibly be as low as the long term charts suggest they will be.
Long term says we should have expected a drop under $5k, now we got it. And we should maybe expect a $3k to $6k price range for a while. And it may not even hit $10k again until a year from now, and that's ok. And we probably shouldn't expect the next exponential run to happen until 2021 ($100k+?) following the halving just as 2013 and 2017 were the last two boom years following 2012 and 2016 halvings.
But only a few of us will earn big money. Most of the people will panic and sell their coins at a big a loss. I think the price follows a trend and it will rise like it increased in the late 2017. People will also panic like many panicked in 2014-2017.
