...and to recap on wise words written earlier...
Flashcrash alert.
The rest of the week may be choppy since we are already so much higher than last week. The weekly gains tend to normalize, and I would not be surprised to see Sunday at around 280-300 like we are now.
Retest of previous ATH from the above in the form of flashcrash is probably coming. I don't believe sub-250 territory will be visited edit: except during the flashcrash.
Risk of a change in main trend is low.
Looking forward, it is better to buy now than wait. I would be wary if price goes 600+ in November or 700+ in December, since they may be overextended.
Looks like were hitting some resistance from Americans waking up and getting shaky fingers. Usually at this point I would think we were in for some slowdown, but after seeing how we ate through the 10k wall yesterday I wouldn't be surprised if we were at 350 by this afternoon.
350 today is madness, in my opinion it is quite possible that we see 250 first, (as part of the final goodbye to anything 2XX).
It is already thursday, and in March it was generally the highest for the week. Weekend = crash.
Btw. does anyone know of a reliable leveraged platform for trading bitcoins? Bitfinex I know of. How about
this?
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