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March 12, 2014, 05:46:04 AM |
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Set your clocks.
I think everybody has their heart set on April, unfortunately, when everybody is thinking something, that generally means its going to be too early and/or too late. They're going to have to wait till April is clean done, because people will hold out hope all thru April. In May, we'll probably see something like the mode we're currently in, flat prices, everybody waiting. Then, somewhere in June, we'll see the first downward movement, probably re-testing the $400 low, maybe not quite but probably less than $500 for at least a short period of time (maybe only intraday). Thats the signal to buy. Coins will be dumped to the strong hands at that point, on large volume. With the bottom completely confirmed, and with the excess $$ buyers got from buying at a discount, more and more coins will be bought signalling the next train somewhere within July. I'll give myself a 6 week period to be safe, from June 23 to the August 4. Somewhere in that range we'll find a new ATH.
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