4-5k BTC mega bounce
All speculation:
In my opinion I believe the bitcoin market is gaining great credibility and development this year, and we've only been in 2018 for ~4months. The bear market will stop at the last point of support which is ~4k - 4.3k. A lot of people have been using
as a reference. The last phase is the blow off phase, and the linear trend line shows, that 4k - 4.3k is the "mean" price. I say mean in quotes because I haven't done any calculations. I believe, we will see 50k before the end of the year, as long as the price reaches below 4k - 4.3k. According to previous years, Jan - Jun is a period where price staggers or falls. We are out of March, and into June. June should be the final month of the bear market. My advise is don't buy bitcoin or your shitcoins until we reach 4k-4.3k.
Circle (aka JP Morgan) should pump this price greatly. Once it hits the blow off phase, institutional investors will jump in. It made sense they didn't care for it at 20k (thinking about it now). They will care for it at 4k A LOT.
I don't believe 6k or 5k support will hold. We are going to the last support line (because that is what institutional investors want). To everyone who says Crypto market is dead, its not. If crypto dies, coinbase, bittrex etc will lose a lot of business. They are unlikely to turn losses because they don't invest in coins, the help you buy and sell from other people. They have funds which they can use to help the crypto market. Crypto is not dead. Not yet at least. It will die once countries start issuing their own coins.
Another great thing about this dip is we know EXACTLY what coins to invest in. Altcoin prices revolve around bitcoin prices. We ripple can reach ~$2, ethereum can reach ~$1000 when BTC is $15k - 20k.
See you at 4k, or rather 3.5k
~Fuck Bitcoin
In my opinion I believe the bitcoin market is gaining great credibility and development this year, and we've only been in 2018 for ~4months. The bear market will stop at the last point of support which is ~4k - 4.3k. A lot of people have been using
as a reference. The last phase is the blow off phase, and the linear trend line shows, that 4k - 4.3k is the "mean" price. I say mean in quotes because I haven't done any calculations. I believe, we will see 50k before the end of the year, as long as the price reaches below 4k - 4.3k. According to previous years, Jan - Jun is a period where price staggers or falls. We are out of March, and into June. June should be the final month of the bear market. My advise is don't buy bitcoin or your shitcoins until we reach 4k-4.3k.
Circle (aka JP Morgan) should pump this price greatly. Once it hits the blow off phase, institutional investors will jump in. It made sense they didn't care for it at 20k (thinking about it now). They will care for it at 4k A LOT.
I don't believe 6k or 5k support will hold. We are going to the last support line (because that is what institutional investors want). To everyone who says Crypto market is dead, its not. If crypto dies, coinbase, bittrex etc will lose a lot of business. They are unlikely to turn losses because they don't invest in coins, the help you buy and sell from other people. They have funds which they can use to help the crypto market. Crypto is not dead. Not yet at least. It will die once countries start issuing their own coins.
Another great thing about this dip is we know EXACTLY what coins to invest in. Altcoin prices revolve around bitcoin prices. We ripple can reach ~$2, ethereum can reach ~$1000 when BTC is $15k - 20k.
See you at 4k, or rather 3.5k
~Fuck Bitcoin
Originally Posted by P0STMALONE
