As much as I would like to believe we are going to the moon, in the short term at least I forsee lower BTC prices. This means it is time to accumulate Bitcoin. The price bounced from $29,832 on July 19th 2021, to $47,121 on August 13th 2021. Last week I asked, Does BTC repeat itself?
https://bitcointicker.co/stamp/btc/usd/6Mth/
Falling. I suspect BTC is replaying its 2018 cycle. In 997 days Bitcoin will half again, approximately May 11 2024. Over the next thousand days or so, accumulate BTC. It still seems likely that one day soon Bitcoin will be over a million dollars. It may also fall spectacularly from those highs, to lows much higher than it costs today. Are you ready for another BTC winter? Is this altcoin season?
Top coins 30 day change Aug 18 2021
Percentage of total market capitalization
BTC is down to 42.52% of market cap, which is now just under 2 trillion dollars.
Bitcoin dominance rose briefly 9 days ago to 45% but it was short lived.
Dogecoin is back up to 1.98%, and Bitcoin Cash reappeared on this chart at 0.61%.
Most respondants on my last dPOLL suggest that we are heading for Higher Prices but I suspect that we are going to face adversity. I will make another poll next week, once we see if BTC rallies.
