Quote from: Mpamaegbu on May 07, 2019, 01:23:12 PM

Quote from: Yaunfitda on April 09, 2019, 02:32:42 AM

I found this on trading view:

https://www.tradingview.com/chart/BTCUSD/EamcMylT-Bitcoin-posts-seven-consecutive-weeks-of-gains/

So it looks like in the last 7 weeks bitcoin is posting gains. Specially in the last week wherein we have a massive jump to more than 20%. Imminent incoming bull-run? Get ready with your meme HODL. Grin

The gains are still extending and this is so refreshing, at least altcoins are coming back to life now. However, it's not a good time to buy in now at almost $6,000. It's already late and buying now will amount to chasing the price (this is a wrong approach in business). Bitcoin is headed for a slight correction from the technical analysis before continuing on the bull run.

On the contrary, it is still quite cheap, we are still in the 4 digit figure. Would you rather buy when the price peaks at $10K? So it's not that late, although the best time is when the price just hover about $3k. Of course, correction is healthy along the way, we don't want to see parabolic rise as this might create another bubble. But saying that it is already late to buy today is absurd, in my opinion, and don't be this person, People Only Want to Buy Bitcoin *AFTER* Prices Rises, Google Data Shows.