.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle.
Sorry to burst your bubble, but you are watching/analysing it wrongly.
I've only been in btc since September so I really don't have that much history
You don't need any history lesson. I presume you can read charts? In case you don't, here's a simple one: https://blockchain.info/charts/market-price?timespan=all
but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again? It just seems like a really long sideways movement.
Unpredictable. How about never?
Always assume the worst possible scenario and work your way up.
On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers. What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)? Another month? March?
Might be after 5 years?
Again, no one knows.
I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).
- Anyone who bought within 10k are chilling right now.
- Others: On panic mode.