First of all, sorry for not posting in a while. I've been busy making improvements to the trading system. However, my overall position on BTC hasn't changed since my last post. I expect BTC to continue its fall towards 16k at least. You can read more about it here.
As for ETH, it's currently experiencing extreme selling pressure. The high volume isn't here yet. Overall the market has tilted to the bearish side since last April, and that tilt has not changed. As the price continues to slide, I expect ETH to lose about 50% more of its value as it falls to the $450 area. The question to ask at this point is, are we going back up to $3000 or $450 first? My call is $450 first.
The sure trade is to short every market top. I expect to start posting again in about a month once I can turn on my system and make calls faster and even more confidently than before. Thank you for sticking with me and for your support. You won't be disappointed.
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