Quote from: icet208 on May 06, 2019, 01:33:01 PM

Quote from: Ipwich on May 06, 2019, 01:27:29 PM

History does not repeat itself all the time, but I like to believe that the bear market is already over and we are in the bullish market now.
Thanks for giving an effort making this analysis, quite short one but this helps people believe that bear is over.

Quote

As seen in history in the last bear market once BTC has gained 50 W MA the bull run has started. Should the history repeat itself?!

I am not saying that a new bull run will start soon but there are many signs that we might see a trend shift soon.
As stated before in short term there might be a correction, and it can be a big one (a test to $4200)
IMHO the next bull run is still far away, my prediction is that we might see a similar 2017 bull run probably in 2021

I have a similar speculation as well that the big bull run that we all have been waiting for will happen in 2021. Remember that the market works in a 4 cycle run because of the block halving. So after the block halving in 2020, we might see the price picking up, but the massive bull run will occur the next year after.

So we need to stash our wallet right now because the price is cheap. It doesn't mean that we should but 1 BTC right now, just a small portion until you became a member of that 1 BTC club.