Quote from: franky1 on September 30, 2018, 09:18:27 PM

typical trend anals
lacking technical analysis

lasts years november run up was from private investors buying coin to pay out for certain contracts to their investees for completing the tasks needed to release another tranche of investment.

as of now there are over 65% of all coin movements that moved above a baseline price of $5800 and even mining costs are over that baseline price too.

BUT
mining costs have come down. old asics can be bought even chaper than summers price. and new more efficient miners are going to be released in october-november that are going to bring costs down maning miners could sell for less than today and still profit.

im waiting out a 90exa hash average before i stop worrying about mining sells. although i shouldnt worry as the coin production and the even less coin production that does market react is small compared to coins in circulation and coin production that private contract OTc trade away from markets.

but either way there is nothing to presume a large jump this christmas..
all thee ETF drama and possible future bitcoin baskets of coins tf's will buy once their already purchased bitcoin baskets had their shares bought wont happen untill after christmas.
you know fresh financial year where they can declare 2018 as a loss to cut down on their tax bill.
ETF's wont want to profit this late in th year and have to declare larger tax bills.

So, this year is a year of decline for Bitcoin which was deliberately made down this year. I think Bitcoin can't be controlled by anyone, but I believe that if Bitcoin can be played by the rich investors. But my hope is that Bitcoin could rise later this year and I will always remain optimistic about the increase in Bitcoin.