BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Putting it out into the universe what I have been telling friends (much to their dismay): I'm targeting Bitcoin to $5k. A lot of people have been buying at 10k and saying they want to buy at $8k. The goal of the market is to make the biggest fools out of the most people so I think it will blow through them down to a point no one thinks it can get. Then it will go up. $5k is a good technical level and it is also aligned with Bitcoin's history of blowoffs from tops which is around 70%.
Trade active: Still scalping it. Holding shorts, hedging with quick up move scalps by taking profit.
Comment: ....and we're here!
70% is 6k
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