Post
Topic
Board Speculation
Re: Why Bitcoin will pump like crazy
by
Warkop
on 20/01/2019, 16:36:22 UTC
First of all throw away all TA you have seen and every good news idea you have been waiting for. Tho I have been in crypto for a little time I have realized that all that people base on to predict the bull market are mostly untrue (at least, for now).

Now the only reason that can pump Bitcoin on the market is that, people ridiculing and price watching even though they've not bought in can pump it. What happens is that, after every bubble people look out for the "subject of topic" to collapse. If it doesn't, they come and join like crazy and that's why Bitcoin skyrocketed in 2017.

So all we have to know is that should Bitcoin pull through this mess again, lol . .we're gonna moonrocket and that'll be because all those who thought we're done forever (Haters, Press, Analysts, Economists, those who cashed out, etc) will catalyse a never seen before FOMO.

So as for me, I'm not waiting for any Bakkt, ETF, Government regulations, Institutional Investors, Venture Capitalists, etc....I'm just waiting for 2019 to pass by and we'll see.

Unfortunately, I agree with many things you mentioned. I'm only not sure where you see that press or analysts try to attempt to promote the arrival of the bull run, because I do not see it so much. However, I think that it is true that real, large investors will not return to the crypto market in a few months, maybe even until the end of 2019 and because of that we also dont see bull run soon.



I think he is right that there will be a very interesting move for the price of Bitcoin in the coming months in 2019, whether in the middle of the month or the following month I can only see their chart there, so let's just wait for how Bitcoin will show its rise in 2019.