Welcome my dear followers, traders, investors & newcomers I wish you all nice and successful day
I´m recieving lot of questions daily aiming on Bitcoin bubble - Bitcoin dead - Bubble popped - 2014 Downtrend fractal etc.
So I would like to make it clear from my view in this post
Lets be honest we don´t have a crystal ball so we can´t exactly predict future, but based on history technicals, current trend sentiment & fundamentals we can follow the data and see whats going on
I see people screaming "Bitcorn ded" everyday but did the bubble really popped allready ?
In my opinion Bitcoin is one of the greatest bubbles in human history which may never popp. It is awesome phonenix with crazy reborns & huge volatility
Well I´m not the best talker and my english is bad so lets skip right on the technical view of the bubble
Bitcoin is on its way up last 2 years doing higher lows and I will try to make it as simple as possible
If Bitcoin will not make lower low on its way like Cisco did then we can´t talk abou bubble yet !
We can talk about bubble popp once the BTC will make lower low which means BTC under 6,5K USD again :)