Post
Topic
Board Speculation
Re: Calling bottom in September 2018
by
Febo
on 12/07/2018, 00:02:39 UTC
In the records of the past two years it shows similar activity by 2016-2017 so we are eurrently suggesting people to invest now before it's too late. If you're gonna trade then why put it all on btc since your risking it why not risk big after all bitcoin has a potential and has a solid standing throughout the web.

Not really. Considering how much the crypto space has changed, looking at the past is not necessarily a good idea. This whole market is too new and still growing, everything is still quite unpredictable. So far the bulls have shown some strength short term, it doesn't mean the bottom is 100% set but it looks more likely now than before.

We had 5 bitcoin cycles so far. I dont believe that now from a sudden that will end. I am positive we will have at last two more Bitcoin cycles. How strong and how long will be we can learn from past. But again we can only guess and cant be sure. We can just predict some events with higher possibility then others.

What cycles? Going up and down is not exclusive to bitcoin, all the markets have up and down cycles. As I said, looking at the past isn't always great in the crypto market, a few months can be useful though. Right now bitcoin looks weaker again but I think it's going to set a higher low daily and then perhaps a lower high and a break from there, as I said the bottom might be lower than 5750$

The Bitcoin cycles. Reaching ATH and then Bottom and again ATH and bottom. Is quite simple, those were 2 cycles.  I would get to bored now to go search for dates of this cycles. But there were 4. Or even more if you count the ones before 2011. Now we are in 5th....