Bitcoin [BTC] - Update 04/05/2018
S'thing like this. Or not. Time will tell. Weekend always interesting. Low volume may enable a good pump past 10K. I expect quite a hefty correction may follow a weekend break through. Something like back to 9K or even just below. Not because we are all going to die, but because 10K is a very strong emotional barrier that will cause fear (of losing profit/value) and FOMO (which may turn to fear if too many people cash out). That normally leads to an ABC correction and this could be 10.6/9.5/9.9/8.9 (give or take) and then we start to 11.6. The people who cashed out above 10 will have gone (mostly) and the next generation of Lambo owners (barf) will buy in.
Or not.
As always: not advice and your trades are your own.
All of the pullbacks thus far have not been as much as expected. Really feels like the start of a bull market.
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