This won't be news to you

[Anonymous No.12115710]

But we are close to bottom. We are not there yet. I've been trading for 2 years, always with a cautious strategy. Even in the madness of +80% and +90% on the daily close, I stuck to the same strategy. In a bull market, default position is to hold the asset, but sell when it pumps sky high and set very conservative buy-back targets anticipating a correction. In a bear market, default position is to hold Tether or fiat (I actually have a combination, tether for speed and fiat for security). Buy the asset at dumps, and set conservative sell targets at the recovery. I timed my sell off almost perfectly. I've developed algorithms that take all the emotion out of it- my analysis is based on the gradient change, the volume, and market sentiment indicators. Right now my indicators are looking like we are close to a change away from bearish. That doesn't mean we are bullish- yet. At the reversal, markets tend to a period of uncertainty where they "wobble" between bear and bull. I'm shortly going to switch to holding the asset but making no trades, and then when indicators are bullish, resume the sell/buy back strategy. If you're still here, keep on holding and be patient. Don't start panicking and selling unless you are sure of your buy back target

[Anonymous No.12115739]

>>12115710
my mind is at ease.

[Anonymous No.12115750]

We have not seen disruption in bitcoin this large since the $31 to $2 drop
I'm with op it's going to start to turn soon but DCA and be conservative like always

imo speculators are nearly out of coins to sell, miners are short selling at the start of the 2 week difficulty adjustments
things are tight and it's showing the true value of this asset

[Anonymous No.12115945]

just a theory
the coins sold from $31 to $2 were all the CPU miners and speculators from 2009 to 2011
the coins sold from $19.5k to now were the ASIC miners from 2013 to 2017

the halving in late 2012 and introduction of ASICs in early 2013 change the dynamics on who was speculating on new coins
the new holders are hard core hands and new institutions

mt gox fucked everyone in early 2014 causing the first bump to 15 days since the introduction of ASICs
the 2nd bump was the halving in june 2016
the 3rd bump to 15 was the bcash fiasco when they though they were going to flip bitcoin and it was trading over .2btc each

maybe it means nothing, but I think this chart >>12115750
is very interesting

[Anonymous No.12115960]

>>12115710
whats the longest we'd have to wait? end of 2019 for new bull?

[Anonymous No.12116044]

>>12115960
may 2020 I see the bottom being 10k
new bull by 2021

[Anonymous No.12116230]

remember the cyprus bail in caused a jump from $13 to $200+
if the markets go south in the summer of 2019 we could see something similar
the FED wants to raise rates to 3%+ which should tank the market because our GDP isn't growing by 3% a year