The cycle of BTC

The cycle of BTC

Bitcoin / Dollar BITFINEX:BTCUSD


As an longterm investor who invested much earlier than most of all, I still think that btc will go up again. Before this there is a cycle that needs to be completed all the way.

So lets have a look at the base trend.. There are still 2 lines below the actual value of btc .

For sure the amount of people buying in is alrady growing but we all know that this whole market is based on what we call whales or maybe institutional investors. They will wait until the very end, just because they can.

Wait with all kind of margin leverage until there is a clear patarn. We will see it when it’s time (very long candle shadow on the weekly)