Bitcoin today is a repeat of December 2017! $50k Bitcoin in 2020?




Bitcoin today is a repeat of December 2017! Overbought and the mentality of many investors are exactly the same as they were in December 2017. Cryptocurrency is NOTHING like it used to be in the last bull market. The current emotional state of the market REALLY HAS ME WORRIED as I we witnessed this very same behavior before and it didn’t end well.

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BTC 13qF5ovjByDtFyGX1hYLA7uvhXj1BDH2KX
LTC LcdKQ9JSAZRuypVtevhbna7hVo8hHf5UoD

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DISCLAIMER: THIS IS NOT FINANCIAL ADVICE AND I AM NOT A FINANCIAL ADVISER. AND THESE ARE SIMPLY MY OPINIONS

#cryptocurrency #BTC #Bitcoin

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31 Comments

  1. Crypto has always done parabolic moves, what has changed ? Bitcoin has has been in many bull markets. Long term bitcoin has done extremely well.

  2. Innosilicon Update, Still dead. PSU not outputing controler voltages. took it apart and found the blown componet. Still no word from Inno silicon. Just send PSU back for 250$ shipping. Part # not even available. This is unacceptable. Have a third S9 on the way from Ebay for 130$. Peace out Bro. Should have bought the T15 Bitmain.

  3. once i saw BTC equivalent to $1 i had a weird thought that lasted for just 1 milisecond…what if BTC equal to gold price?

    i think when BTC = gold price….something VERY VERY NASTY will happen….i am prepared for anything

  4. I think your 100% correct about that we need to control our self's with these non-organic pumps. I think its going to be hard to stop the average Joe that are not in the space from seeing these huge spikes and have FOMO and not see what us Miners and Crypto Investors see that this will harm crypto. Your message needs to be in the mainstream media.

  5. Reminder ŁTC K/POP concert in Virginia USA tonight – ref John Kim Twitter feed – Could there be a ‘pump’…….

    Łitecoin Block reward halving follows Summer 2019! Bitcoin 2020!

  6. The 2019-2023 potential elliptic curve was not drawn properly. It needs to start with an horizontal basis, which implies (at least) one more crash back to $3,000 before next cycle.

  7. I finally started buying back crypto two weeks ago.. now its the long slow road to rebuilding my stash.

    I hope it doesnt go parabolic, atleast for the next 6 months…

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