BitcoinSingkat
A reminder to my bigger plan = The big shorter Hedgehog ;)
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So I wanted to remind you guys my bigger bearish picture which i was talking about since June when we reached 12k-14k....
Are we entering the final phase? 16/12/19 is very important date, this week/month should show us the direction BTC chose for the next few months:
- Either we test the weekly cloud and bounce up and start new trend line with higher highs and higher lows...
- Or we fail to bounce and crush below it to sum up my entire conclusion towards the last most important support at 5-5.5k (which is also above the weekly e200)
*** Dont forget that
* 16/12/17 BTC was at top: 19-20k
* and on the 16/12/18 BTC was at bottom: 3.1k
* This is why I think that 16/12/19 entire week should show us the next 4-6 months path.. (PS: Bloody Monday anyone xd)
- Halving: was already priced in at 14k
- Most people/communities/groups paid/free believe this is going to explode and bring the next bull run, but when most think X, usually Y happens, I go against all... and thus I think we will have a nice good falling months...
- Halving scarcity real impact happens after real smart money accumulated the fallen "dumb money", smart money will start the next bull run a few months after halving, this is also when the OSTs will start rising up and replace ICOs age, 90% of Crypto out there wont participate in them and will die out slowly and painfully, only rare few will rise together with BTC, so choose well which can benefit from OSTs.
* My only concern is the big depression and how will it effect Bitcoin?
- Will OSTs rush for the biggest and fastest dot com push before all collapses?
- Will OSTs have much less of an impact on Crypto, and institutions will prefer cash out?
- Will the big depression will have any impact on BTC at all?
* No one can be 100% sure, and those who tell you otherwise are lying to you, but I will recommend this:
- If we are going to see this month that we are going down? then accumulate anything you the lower we go the more you accumulate, but don't go all in in now way!!, accumulate every 250$ drop, I'm starting to look and change my bearish bias to bullish when we get to 5-5.5k, this is where I will start accumulating BTC big time, if we go lower then that? i will keep accumulating monthly, even if we get to 1-3k with big crushes due to the big depression i will keep accumulating, because I always believed that BTC has still the potential to get to 35-50k, and then 80-120k, and who knows, if its technology improved (as for now, last 2 years it was disappointment in fundamentals) then we can easily achieve mass adaption within 10 years and get to 1-10m$$$.....
- If we are going to see this month that we are going up? then I will start looking to change my bearish bias at 8-12k only if we create a 'fan' of higher and higher trend lines... (and some other confirmations that I'm looking to mark on my list)
Are we entering the final phase? 16/12/19 is very important date, this week/month should show us the direction BTC chose for the next few months:
- Either we test the weekly cloud and bounce up and start new trend line with higher highs and higher lows...
- Or we fail to bounce and crush below it to sum up my entire conclusion towards the last most important support at 5-5.5k (which is also above the weekly e200)
*** Dont forget that
* 16/12/17 BTC was at top: 19-20k
* and on the 16/12/18 BTC was at bottom: 3.1k
* This is why I think that 16/12/19 entire week should show us the next 4-6 months path.. (PS: Bloody Monday anyone xd)
- Halving: was already priced in at 14k
- Most people/communities/groups paid/free believe this is going to explode and bring the next bull run, but when most think X, usually Y happens, I go against all... and thus I think we will have a nice good falling months...
- Halving scarcity real impact happens after real smart money accumulated the fallen "dumb money", smart money will start the next bull run a few months after halving, this is also when the OSTs will start rising up and replace ICOs age, 90% of Crypto out there wont participate in them and will die out slowly and painfully, only rare few will rise together with BTC, so choose well which can benefit from OSTs.
* My only concern is the big depression and how will it effect Bitcoin?
- Will OSTs rush for the biggest and fastest dot com push before all collapses?
- Will OSTs have much less of an impact on Crypto, and institutions will prefer cash out?
- Will the big depression will have any impact on BTC at all?
* No one can be 100% sure, and those who tell you otherwise are lying to you, but I will recommend this:
- If we are going to see this month that we are going down? then accumulate anything you the lower we go the more you accumulate, but don't go all in in now way!!, accumulate every 250$ drop, I'm starting to look and change my bearish bias to bullish when we get to 5-5.5k, this is where I will start accumulating BTC big time, if we go lower then that? i will keep accumulating monthly, even if we get to 1-3k with big crushes due to the big depression i will keep accumulating, because I always believed that BTC has still the potential to get to 35-50k, and then 80-120k, and who knows, if its technology improved (as for now, last 2 years it was disappointment in fundamentals) then we can easily achieve mass adaption within 10 years and get to 1-10m$$$.....
- If we are going to see this month that we are going up? then I will start looking to change my bearish bias at 8-12k only if we create a 'fan' of higher and higher trend lines... (and some other confirmations that I'm looking to mark on my list)
Nota
Misspleded: STOs* 😅
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