Just real quick folks. I think we are just bouncing along the bottom. BTC may drop into the 9's again for a split second, and bump up against 12, but will most likely bounce along like it has for the last few days until when????
Take a look at the charts for the last two years. In both Januaries we've had a drop much like this, then in the second half of the month the line just wiggles along for a couple or few weeks, and then....
BOTH YEARS - the line made a pretty solid rise that held on FEBRUARY 10. Check it out. It was to the day, in both 2016 and 2017!!
So I'm picking and choosing right now. Moving money into coins that tend to outpace Bitcoin when upticks happen, and trying to buy little dips for the next couple of week.
My money says this "adjustment" ends pretty close to the 10th of February. Don't wait to get cash in place. You don't want be hung up in Coinbase, as the market starts to climb -- I hate that.
Good luck cats. I'm just telling you how I see it, check the charts and be smart. but...
All will be well soon!
And Fuck Wall Street. They talk shit about crypto, and they have Billion dollar valuations on all sorts of shit that's never made a dime. Look at the market cap on snapchat - for fucks sake what a bunch of blowhards.