aphexmean

Correction's not over

做多
BITSTAMP:BTCUSD   比特币
I'm buying the $12'000 level, keeping an eye on historical volatility and RSI to anticipate the upward trend; that is not due very soon though. We have seen panic can spread fast and certainly the last correction is still on many trader's mind.

It is not yet to ignore the elephant in the room which is bitcoin's current high cost of use (which has not been detrimental to the price particularly, but can affect a panic given its importancy) and the rising regulator's concern around the subject that will produce media streams of news.
2018 will house technology evolutions, maybe more important investments and broader institutional acknowlegment. I especially look forward the last mentioned item.

Please, use a reasonable stop loss.
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