Post
Topic
Board Speculation
Re: Bitcoin at USD20,000
by
el kaka22
on 07/03/2018, 07:11:28 UTC
I wish I knew the answer to that question, and then had the power to make it happen (within ethical means, of course).

Seems like there is too much profit taking right now, maybe by the second quarter?
No one can obviously know the answer to that, but I would rather be looking at the first half of the year than trying to concentrate on the end of first quarter. The end of first quarter does not really look realistic at this point that much since we are already in it, unless we end up seeing a huge news that can just drive the market crazy overnight and breaking resistances without stopping and I am trying to imagine the kind of news that can perform wonders like that.

In my own view, we need many big players like hedge funds to get involved. Also spreading less FUD can be helpful also.
Spreading less FUD is something that you may end up seeing for a very long time because it will keep happening since the whales derive a lot of benefit from it, and most of the time, that happens when there is just a lot of greed in the market. I have always loved slow moving market, staying on a support for a while, testing resistances gradually before breaking it and not just a market that will keep moving up like it is going to puncture something in the sky the way the 2017 bull run happened.