To the moooon

With no analysis just a look at bitcoin on linear price scale.

All time high smashed

On another positive note for bitcoin agreement seems to have been reached on how to scale bitcoin, (spoiler alert its segwit and a 2M block)

http://www.coindesk.com/bitcoins-new-scaling-agreement-reaction/

This is despite bitcoin market dominance falling below 50%!

Heres Dash versus the US dollar

To tha mooooon !!!

I could do similar charts of all the main cryptos.

Maybe we can all agree now, its a crypto bubble.

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7 thoughts on “To the moooon

  1. As far as I remember, you like the log scale and it looks like we have started a bubble indeed.
    $1M question : What would be a good / safe exit price to re-buy lower in a while ? πŸ™‚

  2. IMHO here my strategy :
    If a dip would come
    1 – waiting 7 day simple moving average crossing
    2 – buy as soon as a daily bullish engulfing happens, don’t wait the “end of turn”.

    When collapse will happen :
    Buy when bottom line of daily bollingers bands is touched (deviation 2.5)
    Sell 20 or 50 day simple moving average is touched. Depends on how I will feel it.

    You owe me $1M now πŸ˜‰

      1. That’s right and I’m working pretty hard to reduce drastically this issue.

      2. But don’t you think at some point you’ll have to cash in? or do you hope at some point, you’ll be able to buy your milk at the local foodstore with bitcoins ? πŸ™‚

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