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24 maj 2017

Bitcoin - I just can't see how this Bubble Bull Run can support itself w/o a correction happening

Bitcoin - I just can't see how this Bubble Bull Run can support itself w/o a correction happening: Bitcoin Bubble? Cup & handle forming? Alot of technical sellers seem to have sold of and are not inclined to buy into an overbought bullrun I do not see the same volume increase as we did in 2013 for example.. Gold has been on a divergence against BTC aswell since 2016 high --> Perhaps investors will be going there instead as this bull run already is overbought to the max with a divergence on top of that. I am waiting for a correction not a crash to 1800 levels or possibly lower then for more up depending on what happens with the us dollar/gold after july debt ceiling is hit