BTC Long-term view

26 Apr 2019

BTCUSD It looks like price action is very similar to May 2014 when bitcoin rose up to previous resistance only to fall hard. With this outlook, we still have at least another year or two before bitcoin is ready to see new highs and we could see a longer accumulation zone under the lows from this year. I don’t think the accumulation zone will last as long as it did a few years back, but i would love to buy some under $3000. With this outlook, i think we will see that opportunity again, but not before we meet the resistance around $6000. Many alts will see new lows and many will die so whatever you do don’t fomo and stay patient