View on the long run. Right now I am short, target 400.
I see a resemblence in the last peaks with steep RSI declines, bouncing at around 50-ish at the weekly. The decline we are now in looks like last two.
Going back to 400 by jan/feb 2014, with an intermediate bounce to ~800.
Next bullrun april 2014 $2250? India pushing :) Than with the ETF in sight and all the participators all around the world (especially upcoming economics) trying for another uber strong bullrun to 4k - 5k by October 2014.
Only IF demand stays. Break out of the wedge expected Q1 2015. I expect a new digital currency will be created by institutions (regulated) at around 2014/2015. The Bitcoin has been its succesfull predescessor making the road clear for another era and it will fall bigtime.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.