The_Saint

Bitcoin long term overview (logarithmic)

Long
BITFINEX:BTCUSD   Bitcoin
Time to sobering for btc, in spite of all uneasiness, ordeals, even tears i like to hear the footsteps of beautiful things. Community psychology, bluntly below zero this is exactly perfect time to initiate bull market on the other hand ''Bakkt'' (ICE) news is solidly remarkable and most of news will follow this sentiment. Let's take a look at what is chart telling us. The first cross between ma's witnessed a growth of 7000% within just 2 years However, when second cross occured tremendously held at the btc 6000 level. From my point of view 6k levels were the dip of btc also this ''Tether'' fud brought us to 0.618 fib level. If/when we obtain some upward movement above 0.618 fib level most likely we should wait possible cross between ma's and possible bull market as well according to chart. Frankly, i always adopt win-win market and I want to be on the side every re-tail trader wins so all i need that keep our motivation high and prepare for next bull market technically and emotionally. Cheers
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