OKCOIN:BTCUSD3M   Bitcoin / Dollar Forward 3 Months
1693 20 12
Hello all,
I sure hope you were able to take advantage of my warnings of both a fundamental catalyst price seemed to be running into (does anyone know the actual price of the auctioned coins yet?) and the hallmarks of a blow-off top. My twitter feed is a cool running log of the whole rally and of course site members had loads of fun through this whole thing. I have to say, they have made me proud!
For now, I recon we are in 'clean up' phase and this will undoubtedly take some time to both find a footing and then build a base for further rallies. Since Bitcoin             does have a big fundamental event to look forward to in mid 2016, I wouldn't be surprised to see these recent highs both tested and exceeded down the road. For now I am cooling my proverbial jets and enjoying the remarkable ride both we (TRI's accounts) and our many followers/students have enjoyed. This chart has been a good road map for us and suggests we may get interested in buying again in and around the $250 to $300 area. But make no mistake about it, the path to that level won't be in a straight line.....lol

Brian
aka The Rational Investor
http://www.therationalinvestor.co/
Twitter: @CRinvestor

p.s. new school term starts in just 8 weeks, let me know if you wanna go from amateur to professional and I will help :)
I am interested
Reply
Hi there, its a form answer but please do as I asked of others
.....please send me an email to admin@therationalinvestor.co/ and I will add you to the reservation list. As well, we are launching a brand new site (with a whole bunch of awesome bells and whistles) and my site admin would like to offer anyone who joins the Q116 RISBTD reservation list a free trial to the new site's basic gold membership until the new term starts. Let me know if you would like to be a part of our beta test group and I will get him to add you to the site list.
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To help further understand the makings of a 'blow off top', here is a chart I put together for someone on twitter that I think puts the entire recent rally into perspective, enjoy....
snapshot
+2 Reply
grahvity CRInvestor
+1 Nice chart.
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I am interested
Reply
CRInvestor PRO MarkLudeman
its a form answer but please do as I asked of others
.....please send me an email to admin@therationalinvestor.co/ and I will add you to the reservation list. As well, we are launching a brand new site (with a whole bunch of awesome bells and whistles) and my site admin would like to offer anyone who joins the Q116 RISBTD reservation list a free trial to the new site's basic gold membership until the new term starts. Let me know if you would like to be a part of our beta test group and I will get him to add you to the site list.
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"make no mistake about it, the path to that level won't be in a straight line.....lol "

Well... it WAS a straight line after all haha
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How ironic eh, well usually she doesn't move in a straight line....lol. Anyway, I was refering to 'the bottom'. I believe there will be lots of back and forth here until we do find 'the bottom'. Was/Am still thinking she will go something like this
snapshot

Cheers
+1 Reply
Babad0o0K CRInvestor
Thanks for the chart. This chart, however raises two questions imho. First, What does the recent price action tell us about how smart moey in thinking, and what are they planning for btc... can you elaborate a bit on your views on that? What does the chart say in that regard? And, second question: What do the cute little green hearts mean?
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Babad0o0K Babad0o0K
Second question is way more pressing of course.
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