Bob Loukas put out a new video via his Youtube channel on April 2, 2018, showing his followers why he believes a new 4-year cycle for Bitcoin has begun. He had put out a video back on January 14th expressing his belief that we were nearing the end of the Bear market in Bitcoin. I highly recommend watching both videos to understand the 4-year cycle in Bitcoin. “Bitcoin's 4 Year Cycle - Opportunity”.
Although I believe in the 4 year cycle I think it's too early to estimate a $200k top. Blockchain industry is going to be changing too much in the years to come.
So far, I see this market surprise as with something new every year :) So .... you must hold also this open... we have here BIG panks now in five years ago there was no banks.... and this thing can make something that no table can show.
But cool vidoe :)
There are many variables that affect the price of Bitcoin. It is hard to predict. One moment you think the bull started and the next you hear that it is a trap. The best is enter the market when it is low, hold it and sell when it is high.
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I've put all my money into holo and btt and so am hoping they go up huge; I think one of them will. But, I think there are so many bots now that as soon as big money goes in then it will get eaten by the bots; hope I'm wrong...
I believe one thing driving this crypto rise is the near future threat of negative interest rates. The banksters in the West have backed themselves into a corner, and negative interest rates are almost a sure thing now in the USA.
When people cannot make a decent profit in government bonds and treasuries, they are going to look for other places to put their cash. The US Dollar is also going to continue weakening, so what other choices do they have? Real estate? Nope, that's in a huge bubble too.
Who are those people by the way? Well, they are the ultra rich, banks, fund managers, etc. I'm not talking about the regular people like us. They really haven't been touching crypto much from what I can tell, and perhaps now they are diving in due to our current economic near collapse.
It's just a thought, and I could be wrong. :)
I have heard similar analysis, so I can only think they are correct. Besides, they are showing us the facts and it makes complete sense.
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Can it posebul , wow It's back and forth on my news feed just like it is on the charts.
I don’t believe in the four year cycle as in my opinion Bitcoin isn’t old enough for those predictions. That said I think we’re going to see a MASSIVE uptrend!
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Should we get our hopes up? I don't know. One authority says one thing and the next says the opposite. It's back and forth on my news feed just like it is on the charts. One can only do their best.....and keep their fingers crossed!
Is this a good start for bitcoin again? Currently the price of bitcoin has crept up. Will it be possible to return to its heyday like before? Hopefully this will happen soon.
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