GOOD EVENING STEEMIT!
Remember when I was all excited after Bitcoin broke above $3,000?
LOLOLOLOL, fucking check it out now!!!
$4,000 plus baby!
I know I'm a bit slow to the #fourgrandparty, with bosses like 
So with Bitcoin making further new highs, the internet is once again abuzz with the self-proclaimed experts telling you and any other mug who will listen, that crypto is a classic bubble.
Case in point, old mate Dian’s BTCUSD - New Paradigm Phase TradingView post chiming in to tell us that “every bubble ended the same way” and that “they all came back down sharply"
Here is the image of the TradingView post that I linked above:
Dian’s Modern Bubbles:
- Oil: 2008
- Nasdaq: 2000
- Shanghai Index: 2007
Dian goes on to post charts of each of the bubbles below and hey, they look pretty similar. Maybe she and that pest in your office at work who always told you so, but never seems to be getting anywhere from those great calls himself, might actually be onto something here?
No.
The difference between Bitcoin/Cryptocurrency and the markets that are listed above is that they are all accepted at a mainstream and institutional investment level. Bitcoin on the other hand, hasn’t even started to be accepted.
I want you to start doing the 
Ask your Mum, your neighbour, the bloke you buy your bread off and the next taxi driver you come across what their thoughts on Bitcoin are. Only when all 4 turn bullish on the same day, do you then know that the market is in a bubble.
I don’t know about you, but my Mum is not racing to open up a Bitfinex account any time soon and whenever I get in a cab and bring up Bitcoin in my normally annoying drunk small-talk, I get shut down before I can even finish my sentence with “SCAM, IT’S A SCAM”.
With the world continuing to go down the path of forced retirement saving to take the burden that an aging you is away from the state, there is no shortage of big money floating around at an institutional level. But how much of this money is going into crypto?
Yep. SFA!
I think the fact that Dian put a US stock market index that every week makes record highs above the supposed ‘bubble top’, tells you a lot about the logic here.
That there isn’t any. Buy the motherfucking dip!
BTC/USD is an absolute textbook bull market. After price has broken out and sits above higher time frame resistance, you're only looking to buy or you're fighting momentum that you just don't have to.
Buy any and all intraday pullbacks into short term resistance turned support. It's just bouncing every time. An absolute dream market.
Bitcoin is not in a bubble that will end in tears. Buy. The. Mother. Fucking. Dip.
Peace.
Related CHART ART Blogs
CHART ART BlogsIf chart setups that I've spoken about before are related out then I'll leave them here.
CHART ART: BITCOIN BREAKS OUT THROUGH $3,000 TO REACH NEW ALL TIME HIGHS!
CHART ART: Friday Altcoin in Focus: IOTA - IOT/USD
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