BITCOIN (BTC) - KEEP CALM AND HODL ON :)

*SHORT-TERM* Bitcoin can "POSSIBLY" come down to touch it's overlapped Fibonacci level of 0.5 to quickly say hello and goodbye. From when BTC has come into existence, you can see that is has been on a logarithmic "BULL" run the entirety of it's existence. I would like to clarify that the Bull and Bear Markets are simple cycles of a much larger chart. It will not stay plotted to the time frame of 4 years in my opinion. I plotted these levels to show you that in the long term it will at its lowest come down to touch the overlapped 0.5 level on the Fibonacci retracements plotted. It will bounce quickly relative to the time frame. In 3 months from now we will look back at this "potential" short term retracement and laugh at how hard we were analyzing this. Trust me, everyone and their mother is freaking out. I am staying calm and if you can't hold through for the next month or two IF we even do see lower lows, I would take out what you need for survival for 3 to 6 months. Other than that you can consider yourself already earning percentage gains as the value of the dollar falls and you avoid that hit, you will be very happy when you stuck with BTC . Not financial advice.

VERY SIMPLE CHART - ZOOM OUT, KEEP CALM AND CARRY ON!

*Smiley Face* (My amazing face that is)

Thank you and I will start posting my charts as I have experience and feel that sharing these ideas will help people make more informed decisions. Please tell me if you disagree or see something that I missed here. I do think we can see something entirely different than history has provided on 1D and lower charts. Weekly/Monthly Charts are digital gold!

Best,
Niko H.

BITSTAMP:BTCUSD