What next?
Looks like correction done, but maybe we will go one more time to 11k
Most realistic scenario for me:
We will go to 16, then bear trap to 14 (they are talking about H&S pattern) and up to 20-40k. I don't think, that we are on road to big downtrend&flat. There was too much guys looking on road from 5500 to 20k without any entry points.
Now, they see a chance. Also, before new year, we need stories for familly&friends about new ATH after correction. More fuel to speculative train.
I don't think, that this train will work for a long time, I think it can be last wave before downtrend or long flat. But this last wave can be really big, even bigger than I told before. I am going to close bigger part of my investments before finish of this wave. Anyway, I will hold part for bitcoin world gold scenario.
A lot of people are afraid, about 2013 bitcoin fall. At first, this fall was because of mt gox. At second, now, bitcoin has too big influence on everything. If some guys decided to damp bitcoin too much, there will be some guys, that will buy it, to own this so profitable game
Looks like correction done, but maybe we will go one more time to 11k
Most realistic scenario for me:
We will go to 16, then bear trap to 14 (they are talking about H&S pattern) and up to 20-40k. I don't think, that we are on road to big downtrend&flat. There was too much guys looking on road from 5500 to 20k without any entry points.
Now, they see a chance. Also, before new year, we need stories for familly&friends about new ATH after correction. More fuel to speculative train.
I don't think, that this train will work for a long time, I think it can be last wave before downtrend or long flat. But this last wave can be really big, even bigger than I told before. I am going to close bigger part of my investments before finish of this wave. Anyway, I will hold part for bitcoin world gold scenario.
A lot of people are afraid, about 2013 bitcoin fall. At first, this fall was because of mt gox. At second, now, bitcoin has too big influence on everything. If some guys decided to damp bitcoin too much, there will be some guys, that will buy it, to own this so profitable game