The bottom is probably not in, but it is also probably very close.  It could happen tomorrow or anytime in the next 8 months before the halvening starts to kick in.

We need a deep penetration of the 200 Week Moving Average to kick off an enormous volume spike that will seal the bottom of this bear market.  So basically we are sitting around waiting for one final, terrifying price crash.



If you want to wait until it is "safe" to buy, wait until the Moving Averages are all back in the correct order, eg 30 is above the 50 which is above the 100 which is above the 200.  This last happened in November 2016 around $420 which sparked the first real rally of the bull market.  The taupe and purple lines (30 and 50) were the last to uncross in November 2016.   It is reasonable to expect they will uncross again sometime in late 2019, early 2020 at latest.

All of this assumes we follow the model of the 2014 / 2015 cryptowinter.  To date we have followed it closely, so there is no particular reason to think we will not continue to do so.  

This is not investment advice, I am a drunk with hygiene issues and a degenerate gambler.

You just need to be patient & wait it out. Don’t panic sell at a loss, most of us have, at some point been staring at massive losses holding heavy bags.

In 2014 I thought I’d made a huge mistake investing in bitcoin but I dug deep & HODLED. Even at current prices I am HODLING huge, huge profits.

Since the first block was mined, over time, the bitcoin price only heads in one direction overall & that is up.
You may need to HODL for even another 2 years but I can close to 100% confidently tell you that you will make very noce profits.

The next halving is mid 2020. If you can wait for possibly 12-18 months after that you will make obscene profits.

Don’t sell my friend....HODL....It may be the best thing you ever do financially.

Clearly not enough weak hands have been shaken out yet.
The whale always needs more plankton, and the plankton is 'tired'.
160,000 Gox coins to be released.
Bitmain to be declared bankrupt.
More layoffs due - coinbase, bitpay, other buggers.
ETH fork uncertainty.
Halving still some way off.
ETF denials.
Bakkt have reportedly already bought their coins.
b~,tmsr is short of managers
99% of twitter and 98% of bitcointalk sees legacy regulation as necessary.
Scams taking money away from btc: ETH, SV, EOS, ripple, security tokens, Barry Silbert, taxes... more.
No bitcoin drama (sorry theymos trust drama doesn't count). (maybe the proof of proof thing a tiny bit)
JimboToronto went to Mexico. TheHeron is awol or so it appears.

did i missed any fuds?

Stop worrying about shorting the final gasp of the bear market and start thinking about when you are going to long the bottom and how you are going to do it.  Much more profitable.