Post
Topic
Board Speculation
Re: A break-out?
by
MatTheCat
on 30/05/2014, 16:18:59 UTC

That isn't just *any* MACD indicator. It's a 1-week one. What that means is that it isn't predicting what's happening, it's TELLING you. That kind of momentum doesn't turn around in a few days - or even a few weeks - unless Bitcoin blew up technically.


You make lots of valid points, but.....

It might change course, but only as fast as the world's biggest supertanker at full speed.

And in that time that it takes to turn and change course, Bitcoin could be down 50%.