I explain my reasoning here: medium.com/coinmonks/my-dead-simple-bitcoin-valuation-646a20e9484d
Basically, the market has been willing to pay $10 million a day to miners so far. If they continue doing that, the price should be something like 11-14k, if not even double the pre-halving price.
Also we got another round of heavy printing coming up.
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I'm seeing 4 consecutive green hourly candles on Coinbase BTC/EUR right now so I'm averse to diving in right at this moment, but probably will today. Hopefully I'll get in a the bottom half of a nice red one.
Trade active
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I trust in breaking EUR 9000, bought $9665.20.
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I obviously drew that green thing way too steep...wasn't paying attention how short a timeframe we're dealing with.
Partial sell @ $10069.89 triggered tonight.
Trade closed: stop reached
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Got out with the rest of it $9594.94, fuck if I'm gonna play whale games again.