BTC Long Term, Possible retest of 10500

20 Jan 2018

This is my first time ever I do charts - it doesn't look good but looking how bitcoin moves - for me it looks that way.


So right now it is in consolidation mode. It will move a bit down just to support on 10500 then it booms.

In btc everything is possible - I did my homework - this ta is dependent on hard news:

1. LN on mainnet (29 nodes on - still needs time, but it shows progress)
2. All FUD infos were bullsh..
3. More and more exchanges, milions of new investors


Only possible bad news that will crash BTC

1. Coinbase go down (highly unlikely)
2. Thether will go down - it can do it anytime


Refering to Bull trap - i think we are on MEDIA spot - 20k wasn't top market cap was too little - whole world is investing - 800b market cap is nothing.

20 Jan 2018

Catatan

So TA actually wasn't good. Bitcoin shot up because of

1. Weekend run
2. Good news
3. Long consolidation


Still BTC aiming for 20k in 5.02.18 (BTC always fully recovered in 50 days/correction)