My original idea of an entry at $150 has moved to $110-140. I think this will be a great opportunity across all cryptos at that time. But this could take a while to play out, sentiment needs to be reset.
Gold stocks have been super-weak since the big top in August of last year. One could argue that last year's bull run was just a bear market rally. I made several attempts to play this sector on the long side since January but even as gold made new highs around 1300, gold stocks failed to make new highs and just sat there - a big warning sign.
We can expect the...
Trying to keep it simple here. Regression to the mean. The pendulum now swings in the other direction and I'm planning an entry around $150. Plan subject to change as new information becomes available :)