Bitcoin HODL

Huge OTC purchases of Bitcoin are allowing Institutions to gain significant positions without causing the price to skyrocket. Soon these institutions will start to release positive news through mainstream media channels, allowing the price to begin to rise. When they are in profit these institutions will share the news of their purchases in the media to show the strength they have in Bitcoin.

The year of false news has been to allow the price to drop so that mainstream institutional investors can purchase at cheap pricing. Soon they will be gloating about the profits they have and the size of their Bitcoin portfolio's further strengthening Bitcoin pricing.

Weak hands are relatively rare in Bitcoin as most people are willing to Hodl and await the next Bullrun. The low fees available using lightning network are gathering users, payment channels are opening up in multitudes. Next year prices for Bitcoin are likely to hit new highs, with speculators predicting prices above $50000.

Longer term Bitcoin will hit it's halvening in mid 2020, and prices should be above $100000 by then. When prices are high we all wish we could buy more while it cheap, and now it is cheap, it is out opportunity to add to our portfolio. For me I bought another 0.25 BTC today and will be buying more early next week, continuing to dollar price average while prices are weak now.

Bitcoin HODL and BUY while you can.

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