Do I really know what I am DOING?

Draw some sticks on a chart, make a few predictions, state the obvious and you too can look like you know what you're doing.

I have TEMPORARILY changed my charts for those who like to see more STUFF on them. The reality is still very much the same. The recent news about BTC that was supposed to send it SOARING to the moon was put off until next year. Some are claiming this is the reason for the recent fall in BTC price. My take on that is, WHATEVER! BTC has been falling since January 2017, with confirmation of the bearish trend, May 2018! COME ON they think we're stupid? Many people are getting paid to prop this crypto up -- I showed you guys how much McAfee is getting paid to tweet about BTC. Imagine how much he gets paid per video? Don't believe the mining-hype either! BTC's has built-in, profitability. Miners will have to come off-line and the network has to shrink or equilibrate to meet demand. Anybody who talks BTC down will get trashed by diehards who want to believe the 1 million dollars a coin predicted price. Let's be real. Look at the chart. Does it need more explanation? I have a price prediction of 3k by February 2019. See my BTC charts for my reasons for this prediction and time frame. The manipulators are gonna bounce this around for another week or two giving hope to the hopeless before taking it down. They will fatten this cow again and do the same thing: short the hell out of it!

When BTC becomes widely accepted as a currency it will be of some value, but do you really think the central banks, world banks are going to cede authority over control of the world monetary policy to a bunch of geeks? I have written in-depth about this in previous posts!

I have no position in BTC; however, I am buying ETH at 4-hour lows. If you like my analysis, leave a like, or a comment, or both. If you wanna discuss what a sucker I am for believing BTC is nothing more than a Ponzi-Scheme, let's do it.

Biff