Hello Bit Brainians.
Just a short note to say that I'm still alive and kicking. Sadly we're still reeling from the loss of this guy, but we're getting better, taking it day by day.
I've taken a couple of days off work next week, and Mrs Brain and I have decided to go away for the next few days to clear our heads a bit. I hope to be back to my normal blogging next weekend.
A quick hello
I have been keeping half an eye on the markets, and honestly I have not seen much that I would consider to be noteworthy. I saw people get their knickers in a knot about China and exchanges. Like ETFs, it's another non-event. Sorry people who are panicking - we already had the China FUD last year. You can't re-FUD about the same thing!
Because the markets have yet to pick up, and because this is prime buying time; I thought I would just deliver you a quick message of hope before I leave for my mini-vacation.
It's been a while since I've revisited my own predictions. I don't always get them spot on, but I am still fully confident in my longer-term ones. I think it's time we looked at one in particular. Having said that, and to give you a bit of hope for the future, I will leave you with two pictures:
The first is from a two month old prediction of mine (24 June) and comes from this post: https://mentormarket.io/cryptocurrency/@bitbrain/the-bear-is-over-at-least-for-now
The second is today's chart, scaled as close to the previous one as what I could get it:
From TradingView
Yes, prediction does match reality rather well. So far, so good.
I'm not 100% sure that we will now reach the bullish triangle, as I have said before, we may repeat the triangle that we have just done in July and August, but whether it is imminent or two/three months from now, I firmly believe that the bulls will still hit hard in 2018.
Keep well everybody and remember to trade with your heads, not with your hearts.
See you soon
Yours in crypto,
Bit Brain
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