RE: Bitcoin (BTC) - Analysis LONG TERM

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Bitcoin (BTC) - Analysis LONG TERM

in bitcoin •  7 years ago 

I think a big difference between 2018 and 2013 is Bitcoin is on the verge of major mainstream awareness. In 2013 it was still esoteric and confined to tech world early adopters.

I’d personally hope for a larger scale fractal of 2017 rather than a quick return to nearly 20k. A quick return and then a years long correction would suggest that crypto is a long way from mainstream acceptance unless other currencies begin to decouple from BTC during this correction.

Thanks for the TA! Definitely a scenario to have awareness of.

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Yeah that's why I find it hard to believe that we're heading for a long correction. My technical analyses usually are more correct than my fundamentals, so we'll see