Previous US Gov't Auctions As A Road Map For Price Action
Hello all,
here is an interesting chart I put together today. Notice the very similar price action today as compared to last year's US government auction of Silk Road Bitcoins. As an event that will bring Bitcion to the public's attention (and may even garner new buying interest) the upcoming US Marshal's auction of bitcoins marks a significant fundamental driver of price for me. Ride the wave of 'the rumor' into harmonic targets but try not to be caught too long on the other side of the event.
Cheers
The Rational Investor
www.therationalinvestor.co/
@CRInvestor
here is an interesting chart I put together today. Notice the very similar price action today as compared to last year's US government auction of Silk Road Bitcoins. As an event that will bring Bitcion to the public's attention (and may even garner new buying interest) the upcoming US Marshal's auction of bitcoins marks a significant fundamental driver of price for me. Ride the wave of 'the rumor' into harmonic targets but try not to be caught too long on the other side of the event.
Cheers
The Rational Investor
www.therationalinvestor.co/
@CRInvestor