It's just so bullish.
What is bullish ? (I realise /s tag is missing, but what particularly was unbullish ?)
IMO the trend is still down, and the next target is 2600. however, that is a 20% drop, so it might not be quick.
I decided in February that I would not be suprised if price got to 1500 in 2019, and therefore the whole bear market, whilst not welcome, is not much of a shock.
yeah, I had 10k from sold equipment I was gonna roll back into BTC....er...now not so much..figure I'll just wait to 'refund' back into BTC, my 13% cut to the hoard at the previous panic sell price of $3,965.20 per BTC at the sell.
seems to me that a bounce down to $1,500 is likely in 2019 with mt.gox dumping ungodly amounts of BTC...then a bounce to 3-4k (or tulips) after that mt. gox mess 'passes'
Of course, paid in BTC so if it all goes to
sh*t...then that 'hedge' won't work worth a damn and I'll end up hodl'ing anyway
thus timing wise...that may not work as a hedge
damn, I hope I'm full of sh*t and it pumps to 5k ..but I doubt it...this is gonna drag I'm afraid thru 2019
brad
Poll
