🤑 Do Not Sell! Trust Me... You Need To Watch This! (Bitcoin Market Analysis) 🚀
Hello Steemians I hope you are all well.
I came across this video earlier today and simply had to share it with you.
The video is by Altcoin Daily and it features some work by Bob Loukas. Who has been a professional trader for more than 25 years and is an expert on market cycles. Bob shares with us some great information on two previous market cycles for Bitcoin. One that went from 2011 to 2014, and another that went from 2015 to roughly where we are now. He discusses the similarities between the two cycles and the likelihood of a another 4 year cycle starting soon.
More importantly, Bob discusses what we can expect to see in the future for Bitcoin over the next four years. He gives us a detailed explanation of his findings, and one of the things I found interesting was when he started talking about Bitcoin being in a range between $100,000 and $200,000!!!
Obviously for all the information and details covered in the video, watch the video!
Continue to do good things
Thanks for your support it's much appreciated
@conformity
Source - Altcoin Daily (YT channel)
My favorite YT channel
Thanks for the article and an upvote from me...
salute
Bob (@bobandtom)
I'm glad you appreciated the article. I just upvoted your post so you will receive a payout now.
Nice analysis, really difficult to see where we go from here with any certainty in my opinion! Hopefully up is the answer of course.
It is difficult to see where we are going in the short term. I hope the 'experts' analysis in this video is realistic and we see a long up trend.
I was always in this game for the long term, so cheap prices just mean more coins in my pocket.
Accumulation is the best strategy at the present time. 🤞
Dear @rhyscn, @conformity
I like to watch TA and videos trying to predict price. But it's hard to be optimistic right now watching any sort of prediction. At the end of the day where demand would be coming from? With current market?
We need time to rebuild trust and bring new fresh capital into this space. It's not going to happen overnight and not even within next few months. Let's face it - it is going to be very long and painful process.
Year ago we all "flied to the moon" because mass media covered topics related to crypto like crazy. But mass media got bored with this topic and without their involvement we should all expect very quiet year.
Yours
Piotr
Great read & thx a lot for the support! <3
Keep it up! :)
Thanks for your support too.
Consider using bidbots, their a great way to attract more votes to your post due to the bigger curration rewards! 🤖
@conformity purchased a 50.22% vote from @promobot on this post.
*If you disagree with the reward or content of this post you can purchase a reversal of this vote by using our curation interface http://promovotes.com
This post has received a 60.4 % upvote from @boomerang.
hi @conformity
I just accidentally bumped into your profile and I've scrolled through your old post just to realize that we seem to share a number of interests :)
In particular that we both share a similar passion towards cryptocurrencies and blockchain technology.
ps. is it your youtube channel? just subscribed. thx
I will follow you closely :)
Take care, Piotr