Bitcoin Forum

After each growth phase there are 3 downward slopes of price declines with each slope become more flat prior to the next growth phase. Looks like most growth phases have 2-3 slopes with 3 slopes being the current max. 1 is the steepest drop, 2 is more flat, and 3rd slope is most flat.

We just finished our 3rd slope down, which is the most flat (and thus a bit more price "stability" recently). We have recently broke out of the 3rd price decline slope meaning that now we should move sideways and then up up up.

Bull Market Confirmed. :D


https://i.imgur.com/k56udAB.png

Would love to believe this lyth0s but we've been in this bear market for so long, it's kind of demoralising.
The only positive is that we've all been able to add to our coin stashes with what I still perceive as cheap coins.
I can't read graphs or TA or anything but the COIN ETF should be closer to being granted approval, the GEMINI exchange too.
The NYC Bitlicense must be nearing regulation/approval.
The halving is just over a year away.

Technically everything points towards the end of the bear market but I say & think it every day but it doesn't seem to come.
Very frustrating.
Let's hope you're right mate.

i want to see the price moving up with my eye beforee scream like a little bitch that the bull trend is coming

even a tiny rise per day would cut it at this point, it was so annying to see a berish market all the time

I've been waiting for the bull confirmation for a long time.

https://s3.amazonaws.com/bdcwire-static-content/uploads/2014/07/tumblr_lkhx7jUcgF1qayisv.gif

GBTC, GABI, XBT Provider, COIN... When price really starts moving those institutions will push the price up hard. Also we have good new exchanges, ATMs and tons of new useful stuff added to the bitcoin ecosystem. Of course price still can go lower, but it is just a matter of time before the new bull run  ;)

bull market confirmed? how so? we don't even manage to maintain a price advance for so many times. it gets dumped to the well known $220 - $230 level each time.

You'll see my friend, you'll see. This would be a bad time to be in full cash.

What kind of TA are you using? Is it based on your own observations or based on a well known branch of TA? Over the last year there must have been thousands of prediction charts posted here, but most of them were wrong, even the ones based on well known forms of TA. What makes you so certain that your prediction is going to work out?

Pimp shilling? Is that a thing?

That's probably because TA is a big joke.

cant be I see a sell wall constantly flashing on bitfinex. I think the Illuminati are sending us a secret message.

Life is demanding without understanding.

google search...

hilarity ensues

You didn't know ace of bass?

Lucky man. :) That little earworm has been eating my apple for decades.  :(

My hopes of it being attributable to something else were dashed on the rocks.

That made me laugh.

You thought it was Gandhi, didn't you? :D

Nice to hear someone finally confirmed for sure this trend reversal, i think we are going sideways for a while since the bears have ran out of steam & the bulls are waiting on some type of huge news, i dont know what.

i doubt that the fractional reserve dumpers will share your opinion

Bitfinex, Okcoin, Huobi... in one year they will be history if they continue with current doing.

With more and more regulated institutions opening to trade bitcoin, the big money will move there and places like finex, huobi, btc-e etc will have little to no volume. I think your 1 year prediction sounds like a good timeframe.

who in their right mind would do any business with these shady exchanges?  If you do you're asking to lose money at some point.  Coinbase seems to be the most legit yet

Over a year on one of these so called shady exchanges, how much do you think I have lost?

Even if the time comes and they close shop which I highly doubt they will it will not matter my profits out do any potential future losses because of a closed exchange.

Always invest what you can afford to lose and you cannot go wrong and there is no harm done.

OP I have my pop corn and front row seats, lets be having ya  :D

i thought that bitfinex was legit? how is it shady? still coinbase and kraken are the best one, not only coinbase like you think

The future is still unknowable, confirmed.