Groundhog week anybody? We’re exactly where we were a week ago. Bitcoin has been very slow... volume has been diminished. People are still optimistic despite the market cap being below the Feb. 05 low. We still have no clue what the bottom is. Everyone thought it was $8K after its crash in February. The whales can still push it down for a lower bottom. There is tremendous resistance around $6.5K. But, what is behind that resistance? Is it the whales...is it the buying and selling trade war? I was expecting Bitcoin to be $5.5K. Perhaps I am right but it’s just being delayed. Eventually, if there isn’t any bullish action, people especially the whales will get tired of investing and move their money to traditional investments like stocks, bonds, physical commodities. I really dread a $6K-$10K movement for the rest of the year. Bitcoin today is like the hot chick who got some terrible plastic surgery.