The auction of 30,000 BTC and the breakage of the log term support line are the perfect storm for a Bear Trap.
Do you agree ?
Nick.
Do you agree ?
Nick.
I disagree, it is the perfect storm for a bear market though.
This ship is listing heavily. I think we go down to low 400s. If my pain meter in my head is really right, we will go down to low 100s as that is the point i would consider selling
and most of my investments make me want to sell before they go up, just saying. I might have agreed if we weren't already in a bear market for the past 6 months or so
a bull market will come between now and the next 2 or 3 months.
doubt it.
i believe we were in a real recovery, but all those over-speculations, overexpectations and bad press are plumming us down/sideways.
also, judging by fiat needed to push the price now, which is higher, doubt we will see a realy bull for some time..