EDIT: Update posted.
Barring any crazy investors buying btc at an exchange instead of an ETF stock exchange fund... normal buys will reach a peak sometime soon (May 10th 0001-1200). Willy almost looks like he wants to say "Hi", but I think he'll stay under the covers which will make the downtrend less interesting and hidden. MACD is showing a nice bull divergence with each decreasing intensity in the selloffs. So with this drop, don't expect much. I'm shooting for a little above $430 just to ensure I'm in... though even that might be risky. $435 is safe and that might be where I start really paying attention to the market (4.5 days).
So my original prediction back in March is finally here. Strong rally to occur in the middle of May, culminating at the end of July. So after this short, get your LONG in and sleep on it. =)
Barring any crazy investors buying btc at an exchange instead of an ETF stock exchange fund... normal buys will reach a peak sometime soon (May 10th 0001-1200). Willy almost looks like he wants to say "Hi", but I think he'll stay under the covers which will make the downtrend less interesting and hidden. MACD is showing a nice bull divergence with each decreasing intensity in the selloffs. So with this drop, don't expect much. I'm shooting for a little above $430 just to ensure I'm in... though even that might be risky. $435 is safe and that might be where I start really paying attention to the market (4.5 days).
So my original prediction back in March is finally here. Strong rally to occur in the middle of May, culminating at the end of July. So after this short, get your LONG in and sleep on it. =)
