Quit your Job - Restart your Life

DeFi is an exit from Wall Street.

Social media is an exit from mass media.

Homeschooling is an exit from industrial education.

Remote work is an exit from 9-5.

Creator economy is an exit from employment.

Individuals are leaving institutions.

Many have given up on Bitcoin since the last bull market several years ago. Those likely have not looked at btc for a few days...until they heard about the new all time highs, as CNN reported about it today and so did many other main stream media outlets.

I think it can no longer be denied that we are in the beginning of an extreme bull market.

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Through 2019 Bitcoin has once again proven to be the best performing asset available to the masses, far surpassing the expectations of even the most bullish commentators in the space.

A staggering recovery from lows around $3.2k of 2018, accelerated through to highs of 13.8k - around 4x to its peak.

After such an impressive move to the upside, one which fast approaches the previous all-time high after an 85% correction, it would be reasonable to expect that some selling pressure would be faced. This was seen particularly at the 61.8% text book short interest level, which is where the breaks were put on this run to date. I haven’t shown this on the chart because i refer to 61.8% in a different way later, but the same thing happened back in the previous bear market recovery.

Currently we are in a profit taking stage that might last a few more weeks until we reach the 21 EMA and 50% Fibonacci retracement and fill the CME gap at $8.5k

Then we will likely continue the movement up towards new All time highs at $20k and before we see another retracement and profit taking.

In any case, this might be the last time we see prices below 10.000 this year. Get in before it‘s too late.

Bitcoin is the biggest wealth transfer in human history. You can be part of it or stay on the side lines.

Long Bitcoin, short the bankers.

The $crypto bull run has already started.

Prices since last year:

$RVN: +387%
$ENJ: +382%
$BNB: +303%
$HOT: +188%
$BAT: +173%
$LTC: +157%
$IOST: +122%
$ONT: +111%
$BCH: +87%
$ADA: +82%
$NANO: +81%
$LINK: +72%
$VET: +71%
$ICX: +57%
$BTC: +37%
$NEO: +36%
$TRX: +32%
$ETH: +24%

As Bitcoin surged from 4k to 5k in just a matter of days there is an increasing number of people asking if now is a good way to get in.

Yes and no.

If you look at the long term and can ignore short term losses then yes. If you are risk averse and want to make sure the low is in, then no. There is a high probability that we see one more sell off before entering new highs. Based on technical and fundamental indicators. Here is one practical example.

I just moved a large portion of my portfolio over to Tether. This is why: The MBT Signal (Network value divided by transaction value) has precisely marked the tops and bottoms in the history of Bitcoin and it is in the red zone right now, indicating a sell off.

That might not happen straight away but better safe than sorry. If we see indeed a sell off in the next week it might be the last time in the foreseeable future that it is possible to buy Bitcoin at these low prices.

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Looking at historical Bitcoin market cycles it becomes evident that Bitcoin has reached the end of the bear market and is now in the accumulation phase before entering the next parabolic bull market. As mass market adoption is getting closer it might be the last opportunity to make life changing gains.

Bitcoins price appreciation is less exponential with every bull market which is logical as people buy smaller amounts when the coin becomes more expensive. Therefore it seems a fair estimate that btc will go up 5x from previous all time high in the next bull run. Which means 100k. When is that golng to happen? Most likely in 2021 due to the Bitcoin halving which has fueled previous bull runs.

How Bitcoin Could Reach $150,000 in The Next Cycle Peak | NewsBTC All markets move in cycles, and crypto is no exception. The only major difference is that cycles in this market have been more compressed since Bitcoin is The only major difference is that cycles in this market have been more compressed since Bitcoin is just ten years old.

Bitcoin went from 4100 to 4700 in just a few hours and as you can see in the chart below and trades now above the 200 monthly moving average. This is a strong indicator we are back in the bull market. However we need some confirmation. If the price stabilized above the 200 MA in a week from now then this would indicate with a high degree of probability that we entered the next bull market.

What does this mean? If you have not invested in crypto currencies, now is probably the best time to get in. The odds are far much higher to the upside then the downside. Even if we should see another drop before we go back up to all time highs, in the last stage of a bear market almost all coins are on massive discount and that means massive gains in the bull market to come. If you invest wisely.

The Crypto Currency industry is currently in one of the longest bear markets. 2018 was a year where most investors lost money. But you only lose when you sell. The upside is that if you are new to the game you are able to buy crypto currencies at a fraction of the costs during the bull market. But most people are too afraid to buy in a bear market, even though it is the best time to do it. But if you follow Warren Buffet, the most successful investor, you should buy when there is fear in the market and sell when there is greed.

The Billionaire investor Mike Novogratz is one of the few who called the top precisely and went short on btc right at the top and he was short all year. Just a few days ago he closed his short positions. And he was spot on again.. If he is bullish, I am too...happy days are coming.

Identify opportunities when you see them.