Will the past repeat?

in bitcoin •  6 years ago 

If so, it looks like it could be a good future for bitcoin holders...

(Source: https://twitter.com/ScienceGuy9489/status/1105269340541083648)

The MACD and RSI both looking like they should start trending up from here.

No guarantee this pattern repeats, but it has a nice setup currently.

I am hoping it does.

The next few months should be slightly higher lows with slightly higher highs if this pattern repeats.

Also, it means the lows are already in.

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Run Bulls Run 🐂

to the moon!

Nice comparison charts. Lately I've noticed short-lived drops followed by quick jumps. It just feels like buyers are drifting back in for FOMO. That could spell a lot of volatility but also could spell some good upside. #bitcoin #crypto

Possibly. The overall volatility is at 4 month lows I believe. Though like you said there has been a lot of quick pop and drops lately. I actually feel like the drifting lower is the real action, then 'they' paint the tape to bring prices right back so they can sell more to fomoers.

I feel like we are in an uptrend line. My portfolio looks positive again last 24h. Like the whole market is waiting for a start sign to jump up :))

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Hopefully. I mean hopefully this is not the pop and then drop to new lows.

That 3200 drop was 3 months ago. Although we had a couple of bounces since then, it looks a bit more confident. Lets hope so :)

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I don't share your enthusiasm but hopefully! I actually think we are about ready to drop down to about $2,800 within the next few weeks... ugh.

Come on man. We can’t take that hit anymore... it would be awful to see that... every altcoin would fall even harder then...

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Yep, I agree... Steem would be $.20 again... ugh.