Short term I am bullish BTC to the 7950 to 8750 area, but it's not realistic to be anxious about ETF''s saving the day right now. I doubt they get a US ETF approved until 2019 anyways, but they will come. Retail investors looking to get rich should be patient imo. What do I think in great detail? Well this is all the details you get. Like it or don't like it, just be open and don't go all in because someone feels the same way you do. How many times on Tradingview have you seen anyone give you perfect calls through the entire market. None that's how many.
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Close up on the 4hr. Maybe I am wrong, but I see 4500 coming in the next 2 to 3 weeks. If that comes true I predict a bounce to 7200 area after with real capitulation starting after that.
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I hope people stop listening to the twitter heads a bit more now and start realizing we are in a bear market. Bear markets do not jump right back into a bull market until they lay all the way down and get a nap first.
Close up on the 4hr. Maybe I am wrong, but I see 4500 coming in the next 2 to 3 weeks. If that comes true I predict a bounce to 7200 area after with real capitulation starting after that.