Benkebab

Benkebab

"The current rally on cryptos is unstoppable", "everybody is a genius", "we are all getting rich", does it remind you of something we have heard before? I have the feeling that the thrill is on and that we may reach euphoria with a final grand move and bust, and after watching Marc De Mesel's latest video (www.youtube.com) I drew that little chart to sum it...

Benkebab Updated 

It looks like the bullish tendancy will go on. Bitcoin insiders have bet on a shorterm uptrend since the beginning of the year (red dots). Why would it change? We might just see a pullback to the midterm trend (blue support) or even the longterm uptrend (purple support), but a little defiance from the institutions has no reason to shook all trust in Bitcoins...

Benkebab Updated 

This is my first analysis, it's probably stupid. I just wanted to figure out the timing for re-entry on the market since like many of you I sold most of my coins in the 900EUR zone. My conclusion is that I should wait till the end of January to re-enter in the 700-750EUR zone if it goes back to the long term trend that started in September 2016! Feel free to...