BradMatheny

Round 2 for Bitcoin? A Rally to $25k, then possibly $35k?

Long
BITSTAMP:BTCUSD   Bitcoin
I'm starting to think capital will aggressively move into speculative safe-haven assets (gold/silver/platinum/bitcoin) over the next 4+ months as the global markets address Fed, stock market, credit/debt risks.

If this is the case, then the $18,975 level becomes a critical line of support.

Not that the Fed has fired off its round (rate increase), will capital move away from certain sectors and start rallying into safe-haven assets?

Time will tell...


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