This is the famous Wallstreet Cheatsheet. I'm sure you have seen it many many times. It's about the psychology of a market cycle.
I have terrible photoshop skills but when you overlay this chart with the current Bitcoin one it's hard to deny there are some similarities.
In other words, there is no way I would bet against Bitcoin under current market conditions.
Mind you, I am mostly all in it for the long term but I do take a little bit of the table when markets go up because that's just smart to do in general.
I'm looking forward to seeing how Bitcoin will perform in the upcoming months.
Sucker's rally or is there something more? :)
I am part of witness @blockbrothers (Spot #38).
Please consider us for your witness vote if you think we deserve it here:
Vote for @blockbrothers via SteemConnect
Set blockbrothers as your proxy via SteemConnect
We are the creators of Steemify a notification app for your Steemit account for iOS.
Get it Here:
