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.
Yeah, perfect article if the writer is only 16 years old.
We've been seeing threads like this and articles like that for the past few months. What else is new?