terrywogan
Long

Bitcoin Q1 bull run top prediction by check it out

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
If current bull trend continues as it should to a crescendo, it has two scenarios. Characteristics of current movement lead me to believe it will plateau like Jun 2014 rather than spike like the fall 2014.
Agree on general pattern. But momentum this time looks weak - climb is much slower than previously (May/June or Oct). Leads me to wonder if it won't plateau early perhaps even sub 300?
+1 Reply
You may be right, but even after today's dump I'm still not convinced we won't make it over $300 in the coming weeks. I would need some more dumping to convince me otherwise. Price is $275ish as of this comment.
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ditz Check_it_Out
Well after being on the right side of the dump I'm now on a cautious long - with these flash drops. Assuming I hold my nerve plan to exit $280 ish. Not brave enough to hold out for $300 as things stand. However, do think this may be followed by another drop and subsequent possibly final attempt on $300+ (as per June-Aug last year)..
+1 Reply
I pretty much agree with you.
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