Do you feel we are in for a hard crash or will bitcoin rebound to new highs in the next month?
We're in the accumulation phase two. You think that whales are accumulating BTC at these prices out of stupidity and lack of investing experience. Have a look at glassnode charts, or read my recent post, and you'll see smart money is buying BTC like mad at these prices. Meanwhile retail is getting FUDed by the media. Right on play for this bull market. I would also add that if you want to compare this current phase in the bull market it would be better to search for similar patterns from the beginning of 2017, not the end.
Posted Using LeoFinance Beta
Good points, Of course I feel if you buy bitcoin today and hold it for 5 years you'll make solid profits but short turn I feel we are in for a hefty crash.