Bitcoin is the main beast. I'll try and get a chart up for that. It's running slower on the correction. I think I had around 1300 target for it (with an even stronger long term trend to touch) before rocketing off to test the 3000 high. I just want to give the average joe a heads up before entering a long term position for 20 years.
You are viewing a single comment's thread from:
it is so hard to say on BTC in my eyes.... like you said - more and more people buy in long-term. I think there is a shortage coming way in front of next half reward (what is already in less than 3 years - lol).
True. Another factor that Tech analysis can't take into account... is economical demand. But as long as the centralized financial market is kept on life support (federal reserve/plunge protection team)...The big money crypto players will carry out tech analysis and market correction is business as usual. Obviously if we get the 70% correction the stock market is over due for...then Crypto will explode to unbelievable highs overnight.