Starting with a rise from tonight off the ever so critical 315-319 range, I think we move into new territories of enthusiasm around the 28th. We need to build these rallies to give the masses the perception that bitcoin has hope above speculation..
However, what we all know will happen is that as soon as it reaches the peak of euphoria we'll all dump our speculative bags and Institutional investors wont be there to catch the dumps. We'll be in another pump and dump cycle for 2015 until the big money comes in.
Go long.
However, what we all know will happen is that as soon as it reaches the peak of euphoria we'll all dump our speculative bags and Institutional investors wont be there to catch the dumps. We'll be in another pump and dump cycle for 2015 until the big money comes in.
Go long.
Nuseii
This is the definition of fighting the trend. While the latter happened, people dumping their speculative bags, i was so full of hope for bitcoin i didn't see the obvious cliff it was on. Thank god i've changed my view from an unbias one Since then.
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