Had a read of this:
http://www.finance-guy.net/finblog/bitcoin-storm-brewing
Bitcoin looks similar to how it was back in late 2013
Similar price and volatility... that was right before the big jump over $1,100
http://www.finance-guy.net/finblog/bitcoin-storm-brewing
Bitcoin looks similar to how it was back in late 2013
Similar price and volatility... that was right before the big jump over $1,100I personally believe Bitcoin is ready to enter a bull market. I still want to read what arguments this article has to offer. I am very disappointed.
Writer thinks "a storm is brewing" because Bitcoin has low volatility similar to late 2012 before the massive rally and then states Bitcoin is ready to make a huge move, but "not sure if this will be up or down"? He didn't commit to a direction, magnitude or time frame. Basically, he pointed out the obvious and deduced nothing.