RE: Flag Pattern Seems on Bitcoin Price Chart

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Flag Pattern Seems on Bitcoin Price Chart

in hive-175254 •  last year 

Hi there @chorock

I would love to see BTC reaching 48k this year. It's quite unlikely but still possible. However I don't think we are going to experience bullish trap at current stage. I would rather expect another consolidation period before we shoot up again higher.

To find BTC holders who would hold through such a long bear market just to sell now ... that sounds a bit unlikely to me. Of course I may be wrong. But I would be surprissed to see any sort of heavy drop in price of BTC. Especially since anticipated and awaited bitcoin halving is just few months away.

ps.
I haven't been reading and commenting on Steemit for quite a while already. Quite a lot of shit has been happening lately in my life and I could not commit into being present on the platform. But now my life finally seem to be getting back to normal so I decided to be back and see who is still present here.
And I'm glad to see that you're still around buddy.

Enjoy your weekend,
Cheers, Piotr

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Good to see you here again!
I hope your life will be better!!!