Bitcoin on the rise! Are we finally out the woods?

Have we finally reached the pivot point?

As you all know bitcoin took a bit of a knock the past few weeks.. dubbed the great Crypression, bitcoin plummeted from its record high $19,783 in December to a weak $6,425 in just short of 4 months... The anti-crypto community revelled in there "popping bubble theory", throwing around ignorant comments of things they know nothing about.

(Not my original image.. sourced from this article )

What these losers didn't expect was the steadfast stance of the dedicated crypto investors.. laughing off the price correction and seeing the buy opportunity for what it is. I for one expected this drop, and not to blow my own horn... predicted support to kick in at the $6k mark...

Its a means to purge the crypto community of noob investors, weak coins and scammers.

Heres my take on the crypression ::

Every year cryptocurrency has this unspoken life cycle. In the first quarter of the year its all about campaigning.. followed by the development cycle and then last qaurter.. production!

• Jan - April :: You should be expected to have no growth to even some losses
• May - Sept :: You will start noticing the market stabilising and the trend start changing from bears to bulls
• October - December is the superbowl! This is where businesses start showing off new improved technologies and blow up the market to crazy numbers! but then.. we back in Jan where it will start the correction process all over again.

Now you might say.. yes.. this year was particularly difficult. But there is a reason for that too!

• Jan 30, 2018 - Facebook announces that it will ban Crypto ads
• Mar 14, 2018 - Google follows with the this knock out blow of announcing their own bans
• Mar 26, 2018 - twitter kicks the already down dog with their own announcement

(Not my original image.. sourced from this article)

At first, I was worried about these giants pulling out of the game.. but then realised that this is the best thing that couldve happend. Just think about it..

Google, Facebook and Twitters Majority following is no-tech savvy people.. this became an all you can eat buffet for scammers to cheat people out of their money. yes yes.. I agree that if you want to get involved you should at least know your stuff.. but the get rich quick ads were relentless!

And because of this reason we had the Dec 2017 bubble. Even my dad asked me to invest for him.

Yesterday, the 12 of April.. Bitcoin decided to dust itself off and get back in the game! touching its highest value of $8087 in a very long time!
You might argue that this is not nearly as high as it was.. but the difference here is.. this is not blown up by inexperienced investors.. this is true value.. the new base value! Which makes it worth even more than the record high in Decemeber..

(Not my original image.. sourced from this article)

I'm very excited for the times ahead of us.. and am waiting for the wave to come!

Hope you guys are ready for it!

Send comments / feeback / critisism.. Would really like to hear from you!