Just thought I'd remind myself how this goes and I reckon we're around the first sell off point or we'll be coming to that (we could still be up to half way along the initial rise and just entered the institutional phase). The mean I'd pick would probably be around $6000-8000
After all the years and the experience i do have on this market then its quite really hard to follow up these kind of patterns yet we dont even know if we are on that first sell-off. Where we do base?Im not saying that these movements or patterns are irrelevant but these things actually confuses me yet anytime you do look at this then you would really presume out on where we at already
when sudden price change do happen.Lets say we can presume out that we are still on take-off but actually we are already on that Greed state.
