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RE: Are we in or out?

in #btc6 years ago

Here is a very important long term trend/fractal I've been observing for some time:

We've been breaking out of descending triangles with each new triangle creating a lower angle. Since the beginning of the year I've been expecting this and I continue to speculate that we'll see a cup and handle. The price movements haven't been completely flat. So we might have one more fractal and then go on a steady climb almost making a symmetrical picture.

It's hard to think of a better entry point. We may or may not have to wait longer for a bull market to resume and we may or may not get a better low. But we will see some good movements at least by the end of the year.

That's just my opinion.

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