Fing bullish again
lots of volume, with relatively no big movement on itBit. candles clearly show a large amount of support for this price. It looks as tho someone is dumping into a bottomless pit. (maybe bottomless pit is the wrong wording... ) However we aren't seeing the same increased volume on bitstamp or coinbase.
last night i reply to a thread titled -Bitcoin at $574.06 where are we heading to?- with this:
i think a bit of a down turn at this point would be healthy and normal, considering the circumstances...
but if market paints a couple more of these and i'll be Fing bullish again
So ya... I am now "Fing bullish again", but will carefully and slowly incress my cheep coin target & prediction.
Last time i though the halving might bring a second leg down. This time i was thinking bitfinex exploding would bring a second leg down. I suck at predicting the future, but i believe we might see some movement when bitfinex returns to full operations, which
i now believe can and probably will happen soon. To all tho that had funds on bitfinex, sorry for your 36% loss...
Adam's prediction: chances of another leg down seem to be getting lower and lower, we may be in the clear and ready for the push back above 599, and then >690 in 3-8 weeks.
Adam's Cheap Coins Target: 520
