WeGotCactus
Long

Supply shortage could help Bitcoin break ATH

BITSTAMP:BTCUSD   Bitcoin / Dollar
328 1 0
Just a prediction. Reasoning:

1. 120k BTC             supply is probably dead. The hacker is unlikely to move it and probably profited by shorting the crash.
2. That's one sick weekly wick. Looks a lot like the silk road bust wick. Shows a lot of strength.
3. Fundamentals are good. Scaling improvements seem to be making progress. And it looks like we dodged a bullet by letting ETH try out a controversial hard fork first.

Note we broke the 18+ month RSI trend, but that didn't stop the 2013 bubble. So long as we bounce here, the bull is alive.
Seems Plato's Allegory of the cave.
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