Is history repeating itself?

in #trading7 years ago (edited)

This is my first post on the topic of analysis in English. Do not judge strictly.

What is happening now with Bitcoin?

In my opinion, this is a deep correction of the market. And the hour is close when the uptrend can continue.

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прошлый год.png

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I completely agree with Brian Kelly, the analyst of the crypto-currency fund BKCM

I quote his words

«Now, when for the hundredth time everyone is talking about the final collapse, about the death of bitcoin, it is now the best moment for making purchases. There are new investment flows ahead, they have not disappeared anywhere, this is not the end of bitcoin»

Fundamental support will be the implementation of the Lightning Network protocol
as stated in the developer's blog

We continue to monitor bitcoin, and the fundamental factors that can really affect the price.