Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Majormax
on 23/11/2018, 11:42:18 UTC
⭐ Merited by Wekkel (1)
4000$ does not seem to hold for long.

BCH needs to bleed out first, then we can go up again.



If BCHABC & BCHSV would both die that’d be great yeah but the assholes running them have deep pockets

I think BCH hashwar is just a sideshow for BTC.

The way I see it, this Bear Market was destined to take its course. Trigger events seem to be causes but they are merely catalysts.

Looking at the long term chart, I still see exactly what I saw back in January. A high likelihood of a 2014-17 long bowl formation.

The first stage has to be reaching a bottom, it is is by no means certain we have done that yet, and it has only been 11 months since the ATH.

The good news is there is plenty of time to dribble in purchases (perhaps a monthly basis ?).

OCICBW, but better to see the realistic scenarios and plan for those primarily.