Bitcoin related to gold

I see Bitcoin retracing back to the fib level at 1,724.
been very stable lately. I can't help but think there is lots of pent up sell side pressure building.
Ethereum is very similar.
when Bitcoin starts to correct down to 1,724 a good percentage of the money will find it's way into the metals/
silver is very strong here also.
when gold stochastic bottomed few days ago, the future looked good for the metals.
gold and silver higher from here.

Comment:

at March 28th Bitcoin was at 970. that broke above the 120 day simple moving average. to suggest a "correction" down to 1,724 still represents an 80%+ move in Bitcoin in 3-4 months.

Comment:

I see gold targeting 1,295 within 2 weeks

Trade active:

there are over 1,000 Crypto Currencies.
I see that MAXCoin is up big. On April 1,2017 it was trading at $0.002 2/10 of a cent. today we are approximately $0.15 . 15 cents that's 75 times higher than it was on April 1..... total coins authorized is around 54 million coins.
46 million now I believe. The Market cap of this "nothingness" is now $7.2 Million dollars!!!!! Why is Maxcoin worth anything? Max Keiser a good salesman? of course.
who is selling these coins??? How can it be that from nothing, with almost no cost
Max is now sitting on $7 million in a few months????
this makes tulips pale in comparison.
1,000 crypto's next year what 2,000??? there is NO limit on any of this. a different
wrinkle here and there. It will all work until the music stops and stop it will.
stay long the metals

Trade active:

Near Term target is $2200.00
that should produce a bounce.

Trade closed: stop reached