2013 vs 2017. Crash cycles are all the same. Target around 10k USD (THIS CYCLE!), will be re-evaluating this target later this week after a couple of daily closes. Furthermore there is a copy of my excel sheet where the relevance between the 2013 and 2017 candles have been calculated
Goodluck, Gabriel Molenkamp
EXCEL SHEET 2013/2017 % wise it all makes sense:
2013 Q 1d candles % change
Q1 15 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 fractal. aka 120*38= 45,6 candle
Komen
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there u go, trend continuation as expected. As many *crypto OG's* are guessing tops, we are easily looking at the beginning of the fifth and final wave.
Komen
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Pinning and leaving it here.
#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 $10000 as this is a major psychological barrier.
#AlmostRetired
Komen
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white line on point with dates of crash, except the targets were way off. fml.
@GMolenkamp, Hope so bro, gonna be one crazy ride. Be even crazier if thats the top in stocks and what not for a while. let it all crash and burn... well see tho
TheTechnique
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@GMolenkamp, what about Kaz saying that altcoin winter will go until that time 2018
vithujan2002
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wish i seen this chart back in 2017
ffs_retired
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oh #fml
welcome back to the f$^#^% show
GABSBY
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@FFS, thanks bro good to be back for the major swings ;)
ffs_retired
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#Retired ? gz mate
GABSBY
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@FFS, not quite! like movies, part one two three.. got to milk the entire industry as it is with trading. Currently waiting for the cycle to end. Playing heavily in the altboom which is currently gaining traction :)
ffs_retired
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@GMolenkamp, are you playin (swings?) or just waitin in bleeding alts & watchin bitcoin fly like most here ? lol
too many are expecting another alt season, makin me worried about 2018 !
GABSBY
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@FFS, I have a portfolio for macro frames and a minor portfolio for the "macro swings". Basically majority of this all a holder, on spot- no margin hereby reducing my risk and the returns are sufficient to be fair.
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.
Goodluck! :)