infusion

bitcoin future losing steam

infusion Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC will probably fall and reach the 2k goal I have been talking about for a while now. depending on the situation we might even go sub 2k like really sub 2k but that will be the last great buying opportunity for BTC for the foreseeable future. we should not go above 7k and stay there, same for the market as everyone with stocks are scrambling for cash and then scrambling to buy gold and silver, btc should catch the second wave and skyrocket along with many other commodities. cash is king at the moment and looks like it will gain in strength.
Comment:
it is beginning to boil and we will soon see an imminent action, as we spend more time kinda floating in this space i get more and more suspicious, that we are going in an upward movement, perhaps to around 7700-8300 but then we should hit a lower low if rejection is met. dont worry if you miss the up swing it should come back down to around 6xxx. i have a sneaky feeling about this weekend tot he rest of the month gonna be some crazy volitility, it it breaks the recent high from it is going up. will update later

gold is also looking to punch thru it , i will provide update right after i post check out the gold chart.
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