Post
Topic
Board Speculation
Re: Where is Bitcoin heading towards?
by
figmentofmyass
on 07/11/2018, 06:39:59 UTC
After considering many threads based on the same question by people who've invested in Bitcoins, whether they purchased it at its ATH or below it but above the current price (thinking of whether the price will recover), or if they bought it at current values (where they want to know that is it safe to be in BTC or should they need to tether it out currently). Based on the calculative analysis and the fact that it has reached the end of falling wedge and a very big triangle that had formed, is going to end very soon, we can expect Bitcoins to finally break it upwards and the move will be very big, just like last year (though, I don't think it will break its ATH).

i'm definitely feeling bullish at this point, since stamp and others are pushing above the daily bands, and because altcoins are close to breaking out if they haven't already---bcash went crazy already. that kind of sentiment suggests the bulls are getting antsy and are ready to start eating through the ask side.

just need to bust through the $6800 area, which kept a lid on price through september and october.

It's been in history and you can check it yourself that Bitcoin always got higher during Christmas and it's already near

christmas 2014 was super bearish though. just sayin! Tongue