You are viewing a single comment's thread from:
RE: Bitcoin TA - summary of analysts - 11. Mar 18
About what time range are we talking for the „long term“ data?
Seems weird that, Tone Vays is considered the most bullish longterm but has the second lowest ATH for 2018!
Otherwis great summary, thx!
That is always a problem to be precise here because in fact it is a mix out of what the analysts understand here about long term when they are posting - as they are not getting any definitions from me. So it is not very well comparable probably. It just mean >6 month I guess. I may try to nail this chart to "2018".
Tone is just BTC maximalist - so I but him on "very bullish" - the "very" reflects also in comparison to alt-coins and not so much about a max price.
Like always that is the problems if you summarize things - certain information gets lost but I hope that helped clarify.
Probably would be nice to ask them about their definition of longterm - I am with you, longterm should be at least 6 months, probably even at least a year. On the other hand one year in crypto feels like 10 years in the "real world".
Ok, important information about Tone.
So would it be considered bullish to say that BTC will dominate the crypto market with 90% market cap in 2019, even if the total market cap drops down to 100billion$?
Definitely helped clarify - Especially the part of interpretation about "can it be bullish even if the total marketcap drops and the price is lower than now" is interesting imo.