is at it again! Just like the last time, it's been a light-speed ride on the bitcoin
train lately. Be prepared for some type of pullback anytime. We could see a low wick below $5k (maybe even $4.5k) but I'll be buying it, spread out over a few points. If we bounce again, it COULD be a very traumatic experience for bears....on the other hand, we may be seeing the high of the year in the first half of May. Be prepared for a V-bottom and development of a new downwards trendline
somewhere around 200% higher (~$14k). Then, expect consolidation IMHO. If we don't see that hard rip within the next few weeks, anticipate somewhat of a war to reach $8k as all the folks buying in now make some very tricky decisions (and consider it a confirmation we're inside of either a bullish
wave-4 with a much less-likely possibility it's a B-correction on the weekly chart). I'm out with buy orders scattered below. Probably a bit early to bail, I usually am, but I'd rather admit I'm wrong and buy back a tad higher later when I miss than be stuck for weeks under $8k when that cash could have been at work elsewhere.