2013/2017 % wise it all makes sense:
Q 1d candles % change
Q2 9 60%
Q3 5 56%
Q4 6 120%
2017 Q 1d candles %change
Q1 113 63%
Q2 67 59%
Q3 38 57%
Q4 45,6 <------------------ calculated on basis with the assumption that relatively seen Q3 to Q4 takes 20% longer based on 2013 .
aka 120*38= 45,6 candle
#Bitcoin last all time high of 2017:
@Bitstamp price(!): $12715
Date range: 2-3 december
This will be a wick. Expecting the weekly to close below $10000 as this is a major psychological barrier.
too many are expecting another alt season, makin me worried about 2018 !
A lot are expecting another alt season, however most of these "new" investors are in losses, or already sold out in a loss. Disbelief is kicking in. I am quite confident for the alt season to carry out. Our beginners, LTC, XRP and BTS have or are taking off. Matter of time before the capital influx will affect mid/minor caps.
I'm holding & averaging down while everyone is selling, trying to catch the bottom meanwhile, all spot of course. Alittle more despair & afew more sell outs would set my mind way more at ease, the sentiment is still too cheery if you know what i mean.
Lets hope we are right & will retire soon enough, at least you will ;)