It is such a good thing for the ecosystem and crypto itself that bitcoin an cryptocurrencies are not in the news every hour of every day like they were in 2017. This makes it so much easier for the blockchain believers to concentrate and help evolve the technology, rather than constantly hear from people gambling and tweet hating everywhere about crypto. It is actually pleasant. It is possible that the crypto stars are beginning to align again.

First off, bitcoin is not technically broken until it goes under 1150. This is quite crazy but you can see in the past bubbles it always came back to test the PRIOR HIGH. The good news is I do not believe it is going to do that this time. Presently I am looking at the 200 week MA tht has held support since the beginning of existence. On much LONGER timeframes, this should hold and be a buying spot. 3260ish is where this lies. I am wanting to see this hold, continue to grind sideways, and break up. Regardless, this is the area of accumulation like I have been saying and we should be concentrating on the best projects in the space right now. Here is the bottom line.

Cryptocurrency is going NO WHERE. Period, end of story. In fact, the cryptcurrency space hasn't even had "The Bubble" in my opinion. Yeah, so what many people were talking about crytocurrency at Thanksgiving dinner in 2017. Then incorporate the Coinbase app going viral, you got yourself "a bubble". It felt a little different than the past couple bubbles, but it didn't feel like "The bubble"...the ADOPTION BUBBLE. This is where we are headed folks.

Strap on the blockchain seatbelt and get you a seat on the rocketship...

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Published by Hey I'm Snuffles

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with SteemPresshttps://mentormarket.io/heyimsnuffles/get-on-the-blockchain-rocketship/

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