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Everyone is trying to figure out the best indicators to predict the future of bitcoin. This chart, in my opinion, gives a great perspective to what is happening.
Although we have endured many corrections of 70-80 percent, the upside of bull runs has been in the multiple thousands of percent. I believe we have been in a bull market for 9 years with gains and corrections on an exponential scale.
Watch to find out when this chart says it's bottom time.
Happy Investing C# HODLCREW
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My Favorite Exchanges are:
Binance- https://www.binance.com/?ref=10117792
KuCoin- https://www.kucoin.com/#/?r=1tcM7
Bitcoin chart from video:
https://en.insider.pro/infographics/2018-04-09/chart-day-bitcoin-reward-halving-and-price-history/
▶️ DTube ▶️ IPFS
I'm fucking loving this chart, things are shaping pretty nicely, and bitcoin is holding it's placed over 6000, though it failed to stay over 6600, but it was due to bad news we had few weeks ago of Bitcoin Etf denied, if the things goes as per chart expectation, we are going to have a biggest bull run.
> Every 'bubble' ends up in a new plateau and a higher low.
You are definitely right on that count. If we compare it to the duration of the stock market, we really havn't seen a true bear market. The uptrend is only noticeable on a full time-line 2009-present day but nobody zooms out that far to check it completely (also the log scale helps to put things in perspective.
PS: Hope your throat and voice get well soon :-)
To hold and be patient until mid 2019 is definitely survivable. Seeing your long therm chart is really an eye opening. We may as well go lower to $3-$4k and still be in a long therm bull market. Yes, today’s market is correcting, I call it short time frame bear market. I guess it’s the same. Every single dip we had so far I used to add to my portfolio and that’s exactly what I will keep doing. At some point, this market will turn around sooo fast, that if someone wouldn’t be in it already, it will be too expensive for him to get back in.