Obviously nobody can predict the market perfectly or we'd all be millionaires. Just look at this chart here and see where we are in the scheme of things. There's been a huge run up! It looks like it will last forever. Remember how we thought the selldown would last forever? Surprise!
Looking for a turn around the channel top. Could be sooner, could be later but it will fall. Keep in mind that whoever bought at 6k whether it be JP Morgan or the pizza guy who got tipped 20,000 BTC -- the big money will have doubled their money by 12k. Expecting a turn before then but we will see. Maybe it just goes to a million in 1 candle stick.
Looking for a turn around the channel top. Could be sooner, could be later but it will fall. Keep in mind that whoever bought at 6k whether it be JP Morgan or the pizza guy who got tipped 20,000 BTC -- the big money will have doubled their money by 12k. Expecting a turn before then but we will see. Maybe it just goes to a million in 1 candle stick.