Quote from: serveria.com on January 07, 2020, 09:22:12 AM

Quote from: Majormax on January 07, 2020, 09:00:00 AM

Quote from: JayJuanGee on January 07, 2020, 03:23:17 AM

......Further, like you suggested, we have experienced a few of these BTC upsurge movements, but they ended up correcting decent amounts, even if it took longer to correct than it had to go up, so in that regard, it can be difficult for buy pressure (support) to keep up if the price is just NOT ready for the Upwards movement and to establish a new station. Personally, it would be nice to see $10k resistance to get challenged and then if necessary to settle back down into the $8,500 to $9,500 range for a few months that might end up dragging out to the halvening, or so. ....

Yes. I merely reiterate what I have always said: To be on course for an ATH in the next 2 years, the price needs to creep slowly upwards: small rises, small corrections, almost boringly slow.

The big pumps that end in a spike are nearly always very bad news indeed. I immediately saw that in the move to 13500 back 6 months ago. It was obvious that that one derailed the whole bull run. The second one to 10500 just made matters worse. I observe this natural pattern in many markets.

If you want a sustainable run to ATH, then hope for a tight range in the next 6 months, and a disappointingly slow boost from the halving. 10k at year end will be fine. Sorry for being the bearer of boring news, but that's life. Rejoice in the small stuff.

What about the halvening? $10k end of year would mean halvening had no effect on BTC price which is kinda weird if not impossible at all....

Getting into 5 digits and staying there is NOT a huge pump it's not even big... as we see from history halvening brings us at least to the area of previous ATH... Cool

That can all happen, but it is the timescale that is the big variable. : Might be End 2021 rather than 2020. Cycles are getting longer as market cap gains weight.

My thesis is simply this :

Shallowing of the long-term chart is to be expected, and is a positive ...steepening is a negative , it just interrupts the natural flow, and takes more time to be corrected.