Quote from: icet208 on May 06, 2019, 08:37:28 AM

As the market is a bit extended we might see some pullback.
Both MACD and RSI are showing a Bear divergence on Daily Time Frame.

But on a bigger Time Frame (W) there are many similarities with the 2014-2015 Bear market showing a potential reversal of the trend.

despite the fact said the chart looks the same with the old one and can we forget the FA of bitcoin?
I personally see the latest chart of bitcoin looks the same with the chart of bitcoin at june - july 2017. The reversal has already started but the question is about when there will be big news that can create a FOMO like what has already done by the news of ETF rumour.
Okay, i remember block reward will give a lot of impact fur sure. Currently, the block reward of bitcoin gives 12.5 btc but it will decrease a half started from the next year. Big bull confirmed to happen a few years starting from now.