Hi All,
I sold some days ago at 48.5 raking a good profit and posted about it. This post is to let you know I'm back in. I placed a semi-stink bid which got executed after being surprised by how the bitcoin price recovered fro the plunge. If the 50 resistance is broken, I have no bloody idea where this is going but seems like the bubble has a very good run ahead. But one thing is for sure, if the 50 resistance is broken, price will go vertical and be awash with volatility.
However, I have decreased my bitcoin exposition to just 25% of what I had before. And purchased cheper =P
PS: Rumor as reached my ears that bankinter bank is creating a product based on bitcoin.
Yeah, I sold some coins at the previous top and rebought some of them during the subsequent dip, but I am impressed by the rebounce as well. I am finding it hard to adhere to my long-term strategy of selling little bits now and then along the way up, just because it looks so darn bullish (despite the crazy bubblespeed appreciation).