This is a short take on Silver which looks like it is about to break north through a zone of resistance. I'm waiting for a a better signal but I'm getting prepared. There could be a serious bull run on this, as everybody will be watching for the same break.
On the 6th of each month Bitcoin clearly strongly reacting and starting new trend.
In my personal opinion we just started a BULLRUN.
Time will tell but I am very bullish on it.
Stay focus and pay attention to load your bags guys.
Best case scenario is 4.8k, expected direction 3.3k, bearish scenario 3 digits. ETA either summer or multiple year(s).
BTC vs USD Index (still in a bubble)
Artificial pumps on margin won't cut it, roughly +~100 real btc from joe fomo and traders won't push it to 12k.
So, the kingly discipline in bitcoin, aside from estimating WHEN a rally might start, is of course predicting the top of the rally.
I should add that I think it is utterly improbably to predict anything at all with a high certainty in bitcoin, since bitcoin is so young and we don't have enough data. But I'll try anyway :)
I looked at the previous rallies and...