H&S is bearish, so breaking the neckline means 3xxx $
ParabolicP
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@Hallemahalle, Everyone on social media says this same 3k all year. Probably not happening.
Hallemahalle
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@signaturesoundz
Yeah just wanted to mention that buying the neckline support could be a big mistake ^^
I dont think we will see 3k, more likely ranging in the 5k region till october but we will see.
tarfouss3
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@Hallemahalle, 3k was possible in may april ...
the MAGIC support level that never break
was in 3900
but now this support is very small and you can see it it is only 5100..
so it very possible that will up from the next month
EBCO
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The absolute state...
Crypto-Coin-Trader
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But the SHS is going downwards, so why it would go long after that?
I think at first, and the whole year 2018 it´s going down and we have to wait (HODL) or if you like the risk, go short (wouldn´t recomment that).
Here is my view over a long time (5 year).
What do you think about this idea?
DeusNovac
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@Crypto-Coin-Trader, no way that is going to happen. Bakkt by end of year is gonna bring retail investors to cryptocurrency and eventually give us the first ever ETF thank to this physically backed Bitcoin futures.
Crypto-Coin-Trader
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@DeusNovac, so you think we see the next run way before? If you´r right, i don´t mind, if not, i will buy additional btc ;-)
tarfouss3
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@Crypto-Coin-Trader, this is very long ..
no one can know what will happen ..
Crypto-Coin-Trader
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@tarfouss3, yes you are right, no one can know... this is only my point of view, based on the last bullrun cycle