Volatility is skyrocketing (see the dire MA blog posts linked below). Gold making its perhaps last lower high, because the crash below $1000. Consider this bounce for
BTC as a last chance to head for the exits before all hell breaks loose. Sure maybe we make a nosebleed run for $300 again, but who wants to risk being long now?
As more people realize it is safer to be short than long that is what drives the extreme low coming.
http://www.armstrongeconomics.com/archives/36215http://www.armstrongeconomics.com/archives/36205Nearly everyone who has argued with me has ended up eating their words later.
You confuse ego with leadership. I am very cordial with people, but leaders don't lead into mud just so they can placate the stragglers and losers.
I give you the readers a "heads up" that your bullishness is the sign that the bottom has not been reached yet. The bottom comes when you the bullish fools finally in desperation go short. Then the smart money covers their short position, you fools are bankrupted, and the next bull market starts.
You are the one who is throwing your ignorance around and hurting readers.