Monthly Log Chart. Bitcoin is incredibly oversold. This might just smash through that lower trendline before backtesting support. I'm long as a miner and picked up a lot of GPUs under the $4k levels. Looking to add to holdings around the $5600 level, will take profits off this rally if it breaks below $5k. Looks like if this plays out like the last two bubbles we could see another 20x move, look out for $25k at year end. There's still LOTS of time.
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So looks like vegeta beat us down back under 9000; that correction is underway.
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Here we go!
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Sell volume is low and indicators looking oversold. Good time to add IMO. GLTA
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Wow! Rally right on schedule. Did I actually draw a decent path for once?
Expecting a 30-40% correction after this move blows off before recovery.