We have strong trend lines to guide our decision. Bitcoin is in a bear market, and there is no evidence for the market to turn. My reason for keeping out of the market is the risk-reward ratio. We might see Bitcoin reaching 12K, but 4K is equally possible. Google Trends is scientifically proven to be a good indicator where the price will move; if the search term...
I believe this resistance line is very strong, and Bitcoin is still a big question mark. I am out, until I see positive momentum...
Now, when we have more information to analyze the market, here is my prediction. As you probably have noticed there isn't much selling going on, and I believe people are getting ready to stake (75% complete). It doesn't mean we won't see a correction after tremendous growth like few days ago. Everyone is trying to accumulate as much Cardano as possible. I believe...
I have closed my positions, changed my perspective and started planning for the abandonment of Bitcoin. Research tells us that 'Google Trends' is a good indicator for how the stock market will move; if the search trend is categorized as 'financial'. Bitcoin is loosing daily hits which should be of concern to everyone. We will go down, but it's impossible to...
Even though I just released an analysis predicting Bitcoin will hit 0.5M by 2020. You shouldn't be stupid and think it won't be a bumpy ride! I made this TA to show how easily Bitcoin could fall to 4K by next monday. Be prepared for anything!!!
Considering the all time low market dominance, I predict we will see Bitcoin making a strong comeback like we have done earlier after loosing market shares!
I'm welcoming 0,5 million by 2020... Like this post, and you might be the lucky one who will recieve 1 BTC by me when it hits 0,5M -- Unless I'm dead LOL !!! (PS. Yeah! I will remember this) :)
Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. Cardano will solve scalability, sustainability and interoperability. All the pullbacks we have seen previously has been...