Hello all,
I sure hope you were able to take advantage of my warnings of both a fundamental catalyst price seemed to be running into (does anyone know the actual price of the auctioned coins yet?) and the hallmarks of a blow-off top. My twitter feed is a cool running log of the whole rally and of course site members had loads of fun through this whole thing. I have to say, they have made me proud!
For now, I recon we are in 'clean up' phase and this will undoubtedly take some time to both find a footing and then build a base for further rallies. Since Bitcoin does have a big fundamental event to look forward to in mid 2016, I wouldn't be surprised to see these recent highs both tested and exceeded down the road. For now I am cooling my proverbial jets and enjoying the remarkable ride both we (TRI's accounts) and our many followers/students have enjoyed. This chart has been a good road map for us and suggests we may get interested in buying again in and around the $250 to $300 area. But make no mistake about it, the path to that level won't be in a straight line.....lol
Brian
aka The Rational Investor
www.therationalinvestor.co/
Twitter: @CRinvestor
p.s. new school term starts in just 8 weeks, let me know if you wanna go from amateur to professional and I will help :)
I sure hope you were able to take advantage of my warnings of both a fundamental catalyst price seemed to be running into (does anyone know the actual price of the auctioned coins yet?) and the hallmarks of a blow-off top. My twitter feed is a cool running log of the whole rally and of course site members had loads of fun through this whole thing. I have to say, they have made me proud!
For now, I recon we are in 'clean up' phase and this will undoubtedly take some time to both find a footing and then build a base for further rallies. Since Bitcoin does have a big fundamental event to look forward to in mid 2016, I wouldn't be surprised to see these recent highs both tested and exceeded down the road. For now I am cooling my proverbial jets and enjoying the remarkable ride both we (TRI's accounts) and our many followers/students have enjoyed. This chart has been a good road map for us and suggests we may get interested in buying again in and around the $250 to $300 area. But make no mistake about it, the path to that level won't be in a straight line.....lol
Brian
aka The Rational Investor
www.therationalinvestor.co/
Twitter: @CRinvestor
p.s. new school term starts in just 8 weeks, let me know if you wanna go from amateur to professional and I will help :)