paavo

Finalizing this wave of adoption

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Looks similar to last years "April" bubble yet more defined and less frantic due to higher liquidity and market cap. Every fib retracement takes twice the length. Notice the "flash crash" where longs get squeezed with a quick recovery triggering a massive "repositioning" to fuel the next bubble.

Comments

So far you had the overall movement right.
+1 Reply
..hmmmm. Looks also simliar to the November bubble ;-)
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