Have been waiting for some time now to get back into these markets. My notifications on my phone went off yesterday warning me that BTC was under 6900.
The time has come! There is still more correction ahead, but this is so great for BTC. We might just skip a correction during summer and go on a bull run.
Now check out this momentum graph at the bottom.. What do you notice about it?
1) The momentum on both ends are narrowing and BTC is finding it's way to equilibrium. Our goal is to find that lower momentum area that is going to touch the low. 2) Notice the steepness on the bounces, and the reversals. The steepness of this momentum graph shows us that right now it's not time. I see sideways action for quite sometime now... but we will hit that bottom soon.
Here is a graph I made a couple months ago! The prediction was scary accurate.
History always repeats!! I'm not an expert!
May The Trends Be With You
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As you can tell history is still repeating! Wait to buy in the risky buy area. I have a feeling were gonna get a panic sell and hit those targets :) yay! Patience is working.