The bearish outlook

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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I look for long term investments, so buying at these rates even if they go down, aren't a problem. Unless this pennant is nothing like it's ancestors, we should be seeing the beginnings of a strong rally in the middle of May. If it goes too fast, it will dive again and we'll lost momentum to be picked back up in July. If it does level out in June, everyone will be so scared that they won't be buying or selling. Either way, we still have AT LEAST one more pump session to go so have fun with these low prices!
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