To be honest, I'm annoyed by this prolonged bear market and I would like it to stop right now. I drew some lines here, however, which would indicate the bottom around 200$, maybe even a bit lower in summer/autumn 2015 (and after that hopefully breaking upwards to da moon)
I'm not a TA expert, so what are your thoughts on this chart? Feel free to insult, ridicule and praise (I will mostly ignore the former two as I know there are strange people on internet forums)
I am no TA expert either, but I like this chart because it seems right in my gut. Next bubble would start when the hype for the halving begins....
Biggest risk for me frankly is an alt coin that rises up in that time frame.
Yep, had the same thought about the halving. But on the other hand, the market is clearly being manipulated right now. Maybe someone trying to make the recent low fit for this graph? For those who have already some coins and want some more for trading, I would buy now and sell only those speculative coins at 400, just to be on the safe side.