RE: [0145] - Google to Ban Crypto Ads, Fast Becoming Irrelevant As Search Engine

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[0145] - Google to Ban Crypto Ads, Fast Becoming Irrelevant As Search Engine

in bitcoin •  7 years ago 

Cool Post. Since you got the bitcoin tag do you have a prediction for Bitcoin over the next few days? Also followed you for future posts :)

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Just about to do a forecast. I think the next 2-6 weeks will be more lull, which is excellent for buying in. I am predicting a late April return of the markets. When the markets do come back, you can expect some coins to overshoot their values and go way higher than moonshots - so there will be a good chance to sell off in the first few weeks of the bull run as the markets reinflate and normalize. I don't get into technical analysis too much as you can predict peoples buying behaviours by looking at what people think and their emotional states at the moment. Right now, it's "sour" because we aren't getting constant increases in value and as most investors are leveraged up to their eyeballs and were betting on a rising value, that's why the mood is "sour" and "burnt off". Also, technical analysis doesn't look at the one metric that matters - the actual value of the idea of the blockchain. The idea of a mobile phone or the idea of the internet is easy to see. But everyone misses the value of the idea of the blockchain because it is only just being rolled out. To me, we are way below the value of the idea and are in a "compressed market value", meaning, we will see a spring board effect when the market returns. Which it will.