Quote from: Torque on May 22, 2017, 04:52:46 PM

Ohhhh MATT!!!!

Where's that massive correction from $1600 you were on about !?!?!?!

Hello??? Matt??

*crickets*

Yeah. Had I taken that trade, I would have gotten stopped out and would be left chasing the market (although to be fair, I touted the setup as a profit taking signal, not a shorting signal). But unlike my previous trade setup which nobody seemed to mind about since it was a bullish setup, I was wrong.

So erm, well done to all those who rode the bull up to the top.....providing you can even get any of your Bitcoins turned into actual worthless fiat (ya know, the stuff you need to pay your bills, mortgage and stuff), or your Bitcoins haven't been sitting in the blockchain all week waiting on their first confirmation, or the exchange hasn't just emptied your account claiming that your computer been hacked.

After Bitcoin re-popped through its previous ATH of 2013, I had to draw a new BTC Gann Square. I intended on posting a chart in here, showing $2300 as a likely upside top out targe, but couldnt be arsed due to work demands and limited free time. Turns out that this target was overshot by some $460, but for those that understand Gann, the principle remains intact. Now I aint saying nothing and have no skin in the game either, but according to Gann, Bitcoin needs to retest untested Gann Arc down at around $1300.