Dips being aggressively accumulated. Have a feeling the weekly wants to close under 920, so that's a hard trailing stop for anyone doing one of those greedy scalps. I highly doubt next week's lower wick will be in this week's candle much, so buy any dip and get ready to break $1000.
You mean $1,000 will be broke before the new year ?
i think $1000 will come within 24hrs of it crossing $940. but its hard to predict how long it takes to move past the current 880-920 range. maybe 3-4 days, maybe we sit here for a week or two
Let the bulls take their breathe, but I really would like to see $1,000 broken before the new year, we still have one week to go.
i want to say that the realistic next step is a 50% retrace, to ~$820, followed by months of consolidation. But, i think crossing $900 was too significant a milestone, and likely the start of a 2013-esque bullrun that could go up into the $1400-2200 range within a month or two
Ive learned to just keep clear of leveraged trading though, and am hodling the majority of my coins for a longer duration