This rally is a lot more persistent than I thought it would be, didn't expect us to break $300 without correcting first. Daily chart looks parabolic right now and severely overbought so I'm just going to sit on my hands and HODL my virtual dollars until the chart looks more healthy for an entry. Things could get ugly pretty fast under these conditions. Will be doing another update soon.
That was what I was presuming a realignment of trend and a test in the next 3 days before the 300 by the end of the month
Of course that's not what happened it pushed and broke past the barrier and at this point it is a mystery if it will keep going.
Either way its HODL for me until I feel a sentiment shift one way or the other.
(The rising sentiment is positive though 6 weeks of green so a red week also has a chance of occurrence)
https://poloniex.com/exchange#usdt_btc(Chart looks like its about to flatline drop then come back and rise more again to me)
