Viewing a response to: @toofasteddie/toofasteddie-re-pandorasbox-welcome-to-capitulation-i-ve-been-waiting-for-this-finally-bitcoin-makes-sense-to-me-again-20181114t221913483z
Q1 only works if we have a super tiny bottom phase of the bear market and that would be very different than it was last time. Not saying it is impossible but historically the botom phase should last for a few months. The earliest I can see us climbing out is late february/march but that's practically Q2 anyway. And it would be the most optimistic scenario I believe..
| author | pandorasbox |
|---|---|
| permlink | re-toofasteddie-toofasteddie-re-pandorasbox-welcome-to-capitulation-i-ve-been-waiting-for-this-finally-bitcoin-makes-sense-to-me-again-20181115t022035874z |
| category | cryptocurrency |
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| created | 2018-11-15 02:20:33 |
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Nice post. I agree with your logic, but donβt think it will take quite as long to turn bullish. I think the first quarter of 2019 will be the start of the largest bull run BTC has seen yet. In the past, very few new what bitcoin was...much less wanted to buy. Now, all eyes are on it. Institutional money will likely start entering in mass after ETF approval...which Iβd bet would happen in February. Before that, if the SEC makes any type of positive statement, the public my interpret it as ETF approval being a near certainty. Youβll then see many new buyers rushing in, attempting to "get in earlyβ. I feel things are moving exponentially faster than they have in the past. Of course I could be wrong...but Iβd be surprised if we werenβt at all time highs by spring.
| author | workin2005 |
|---|---|
| permlink | re-pandorasbox-re-toofasteddie-toofasteddie-re-pandorasbox-welcome-to-capitulation-i-ve-been-waiting-for-this-finally-bitcoin-makes-sense-to-me-again-20181115t181526485z |
| category | cryptocurrency |
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