Quote from: Juggy777 on September 17, 2018, 02:30:47 PM

Quote from: Bardman on September 10, 2018, 10:12:11 AM

I know people have been saying that since forever. This whole year people have been yelling ''bullish'' every day however, memes aside I truly think bitcoin is bullish. Obviously we are in a downtrend but I just find it funny when people lose their minds because bitcoin went from 7400 to 6700 in a day when in december we had $3000+ moves to the upside. No one was complaining back then huh? Technically speaking when you look at the weekly/daily chart you can see we are basically in a descending wedge which is, technically speaking, a bullish indicator. We have been forming weekly lower highs all year, however if the support area around 6000$ holds again this time, we will be in a really good position to actually break the lower highs, we would only need a 1000$~ move to break it for the first time in basically a year.

Not to mention the clear interest, governments/entities/businesses are taking in bitcoin. ETF's, Nasdq, etc etc, even if they aren't approved.

Well it's good to see someone here is being bullish and positive, all year round I have seen people panicking and selling their coins. I have been bullish to as all the news was fud, and at the same time major organisation were keen to add it. Indeed the support levels of 6k is very nice for Bitcoins, if we keep on sustaining it I'm sure 10k levels are achievable. I'm expecting the rally to kick off by year, hopefully it sustains itself this time.

We also keep comparing everything to how things escalated last year on our way to the current ath. I don't think we can be in the same situation because after that run, things have been different for btc and the entire market.