The fate of Bitcoin and Crypto, paradise or hell?

in #bitcoin6 years ago (edited)


After 3 years of boom, from the beginning of this year we have seen the market go into a long retreat. In early July this is a very important time of the BTC -73% in particular and the whole market in general. It is time to decide whether the downtrend will continue or to enter a new uptrend of -0.91%.

At the top, you can see 3 graphs: BTC / USD (Candle Month), BTC / USD (Candle 3 Week) and bottom right are ETH / USD (Candle Week). For you have been watching for a long time, it is not strange to mention candles in the following order MACD cut down after a long time increase: W1, then W2, recently W3. All are very long candles, so it is not difficult to understand when you have to witness the length of the long drop. But what is the point here? Monthly candle advances to MACD dispute and seems to cut down further (Same as the journey of the shorter candles than before). Both BB and MACD are the same, if this process continues to repeat, you should also imagine the catastrophic market when we will have many months with Histogram of negative MACD, which is -0.91% period Down again is calculated by several months.

In the midst of all that darkness, there is a small ray of hope that deserves attention:

Let's take a look at the chart of ETH / USD weekly candle, if the Zoom shortens and removes the future, this chart has many similarities with the month candle of the BTC -1.73%. I removed that section, please look at the image below:
image.png
So the door is not completely blocked, but we are facing a market opportunity. If we follow the same pattern as before, we will see a rebound in July, continue until the end of the year and explode next year, BTC -1.76% may move towards $ 40K - $ 50K the boom of the market.

Apparently with the BTC's current candle-month chart of -1.76%, continuing its previous journey in short candles or breaking into ETH's direction is not unreasonable. In case of next month candle drop, please ask 0.40% confirm that the dipping process of the market will be very long, maybe until mid 2019 or so. Throughout the process there will still be small waves like the present. In the case of up, we officially enter the uptrend nhé, not recovery, has recovered is still in case 1, up and down and so on until it accumulated enough,
Try to use logic other than ptkt to make a judgment on market future, shrimp shrinkage trend is supported by the data:

1: BTC -1.76% running matched bubble model, for this model, the cumulative time must be very long.
2: The price of coin is not cheap now, maybe you compared to the end of 2017 at the beginning of 2018, it is cheap. But the truth of what it does, compared to your own income, compared to 2017, compared to the size of the manufacturing industry, is not cheap. A very large $ 1 billion company is worth a million dollars, but only with the blockchain brand, many coin companies have capitalized on the $ 1 billion capitalization.

At the uptrend momentum is very strong:
1: Total market cap is at the bottom if the market is to develop, this zone is forced to pop up if you want to set a new peak.
2: The cost of digging is close to the bottom
3: The size of the market still has a lot of opportunities compared to other financial markets (Gold, Ck, BDS etc.).
4: Strong participation of investment funds, companies 0.18% and financial corporations to see this lucrative profit.
5: A global bubble is not worth the price, tulip flower can also be up to $ 1 million.
6: Technical chart has created a beautiful door (similar to ETH).

Conclusion: I keep the old view, July is the month of recovery (In any case, July also up nhé), there are some times should pay attention: 17-18 Jun, 29/06 and the price should Notice the 58xx$ and 52xx$ offline. Target sale is the MA20 W3, you can manually plan according to the data. Always keep the initiative, information is offline.
sonpham1997.jpg

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It could go 15% more down according to some charts... But who knows on this crazy market...

I'm waiting for a rebound for a new kick.

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