Post
Topic
Board Altcoin Discussion
Re: The bottom will drop out of the alt market soon
by
r0ach
on 27/04/2016, 12:01:20 UTC
after the BREXIT vote.

BTC, gold down, US dollar up. Sorry man. Longer-term gold, CC up, and US dollar up. 2018+ a global monetary reset.

I'm not going to argue these point by point because I feel I have already won the thread when you were talking about dumping everything at $450 and the price is $470 with no stopping in sight now.  Even the TA-only traders who care nothing about Bitcoin and just want to maximize fiat are saying a push to $600 is likely pre-halving:

Higher lows since then support the view imo that, although 465-500 is a resistance level, it looks more likely than not to break on this third attempt and overrun on stoploss and fomo buying to 600ish before becoming overbought