Bitcoin & Crypto awareness 101

Basic trend lines on the logarithmic chart. I expect the parabolic move to happen somewhere in the green box, hopefully reaching the top band. There might be major retracement while we touch the bottom of the box for the first time; however you have to be prepared for 20-30% correction at any time. Bottom of the box is 4.236 Fib of the 2017-18 run. During this move most alts will dump hard, especially vs BTC. After Bitcoin peak there will be euphoric ride on altcoins. Be careful there. Manage your risk. And greed.

Yorum:

look at these lines at the previous cycle. We are just where the shake-out happened back then. Usually when everybody freaks out it turns out to be a pretty solid buying opportunity. NFA.