See chart. 2018 is going to be a great year for crypto. Good things are coming:
1. SEC hearing bullish. I expect good policies to follow soon.
2. Robinhood app opens crypto market.
3. Arizona to allow tax payments in Bitcoin.
4. Lightning Network is growing fast. Transaction fees and the number of unconfirmed transactions are getting lower.
According to my previous analysis, we are going to see the lowest low of this correction (from late Dec to mid Feb) soon.
Feb 15 is my prediction. For two reasons (non-technical, pure speculation):
1. It is Chinese Lunar NYE, which is celebrated in China like how Christmas eve is celebrated in the US. You can take a look at the daily chart on Dec 24 and Chinese NYE from previous years. We always have red candles.
2. The previous two lows we had were on July 15 (August hard fork FUD) and Sep 15 (China banned icos and exchanges). So 15 is somewhat a magic date regarding btc corrections.
tl; dr.
The darkest dark is near. Get as many BTC as you can during this 70% off sale. That's what the smart money is doing.
1. SEC hearing bullish. I expect good policies to follow soon.
2. Robinhood app opens crypto market.
3. Arizona to allow tax payments in Bitcoin.
4. Lightning Network is growing fast. Transaction fees and the number of unconfirmed transactions are getting lower.
According to my previous analysis, we are going to see the lowest low of this correction (from late Dec to mid Feb) soon.
Feb 15 is my prediction. For two reasons (non-technical, pure speculation):
1. It is Chinese Lunar NYE, which is celebrated in China like how Christmas eve is celebrated in the US. You can take a look at the daily chart on Dec 24 and Chinese NYE from previous years. We always have red candles.
2. The previous two lows we had were on July 15 (August hard fork FUD) and Sep 15 (China banned icos and exchanges). So 15 is somewhat a magic date regarding btc corrections.
tl; dr.
The darkest dark is near. Get as many BTC as you can during this 70% off sale. That's what the smart money is doing.