Don't miss the train. Bull flag and big money.

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
816 6 6
I was not really expecting this. I expected a much larger pull back so I could buy more "cheap" coins (I would of loved something the 600's). Unfortunately, I had to buy back in, and may I dare say it, but I expect us to hit 1000 this week. The sediment of bitcoin continues to get exponentially bullish every week. Just when you think it can't get any higher, it does, and it will. After the positive hearings this past week from the US government, I expect a LOT of big big money to come in this upcoming week, and month. I believe a lot have been like me, waiting for a lower price. But when people see the bit coin train is leaving and not waiting for them, A LOT of money is going just run and jump in. You think we had a crazy week last week, wait till you see the next two weeks. Good luck all.
3 years ago
Big money will jump in, but lets be honest, if you were a manager of big sums of money with substantial background in investing, would you just jump on this obvious bubble and not wait till it deflates?
Nathanael Spekulatius
3 years ago
That used to be my way of thinking, but there is just way to much bullish sediment out there. Also, big money doesn't always mean smart money. This isn't your standard stock/forex, anyone can buy BTC if you have the money.
flibbr PRO
3 years ago
I like the idea of this.. a move will come.. it could be up or down.. but yes the bullish sentiment would imply up... alot of people out of position.. if it does break $900.. .it will explode as people rebuy back in to take positions
3 years ago
You nailed it. Well done.
3 years ago
You nailed it,XDDDDDDDDDD
3 years ago
That was a really nice chart, like others said - you've nailed it totally. I hope you got a ton of profits from this one :).
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