Post
Topic
Board Bitcoin Discussion
Re: Good news! Bitcoin Price Breaks $10K Barrier
by
Gutenhans
on 04/08/2019, 19:09:37 UTC
Charts are bullish... we already had some gains and history tells us we should expect more.
Sentiment is past hope reaching optimism.
Halving is 10 months away.
Lot of infrastructure around investing in bitcoin already developed during the bear market.
Federal Reserve Interest Rates low so more money as the last bull will flow intro bitcoin.
Stocks at all time high with more and more political heat going on trading (trading affects stocks). That money will search a new home. Bitcoin has it's own way not following the stocks so that would be attractive.

All this is aligning together to a point in the near future. Already started. This does not mean price goes straight up. 30-40% corrections where on the menu last time and will be this time also.

The top? who knows... i would love to hear some ideas what people think maybe a poll would be good. 

I have a suspicion that Monero will go up when people will cash out on bitcoin. maybe good for a trade instead of shorting bitcoin from top, (if you can time it) better go in monero that (i think) will have a steady grow as SOME people cash out from bitcoin into something private. That way you stay away from shorts and go a little longer with monero.

What do you guys think?