I have one question about your chart. It appears we havent hit bottom yet. What is your point 4 bottom for the buy?
On a separate note, Growing from 3 to 1000 a coin is still reasonable when you look at market cap. But getting to 100k means it's now worth 20% of gold and growing market cap exponentially too. Not to say it isnt possible, just an amazing accomplishment if it does grow that fast.
jgj
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@ClimbN, It depends on the short term price action. Right now a test of 5500 still wouldn't surprise me, but by March/April the wave 5 would have started. It could also be beginning now, but depends on the price action e.g. does it break 10k and 12.8k this week, does it break the downwards trendline? if not we'll test bottom again
On a separate note, Growing from 3 to 1000 a coin is still reasonable when you look at market cap. But getting to 100k means it's now worth 20% of gold and growing market cap exponentially too. Not to say it isnt possible, just an amazing accomplishment if it does grow that fast.