Bitcoin is a comurrency there is no history to judge. It cant be trading or tracked like a stock, currency or commodity. Why do diamonds have value -- cause my girlfriend would kick my ass if i bought cubic? limited supply great demand / social pressure physiological value... stock sequestered? Bitcoin is more like gold if anything. I'm full of bull don't...
He who controls the Bytes controls the universe. The slow blade gets the kill.
I could swear i said small snack at 11837.. Not eat the damn world. OK, bulls saddle up your buffalo and lets bounce these bears. Now we have to make a short stop at 11650 and 11837 to clean up the table. No snacking till 12942. I can neither confirm nor deny the malarkey I am spewing forth.
Comment: Worked out well! New green daily 1 to x(?) count points to further days with bullish price action - if the bears take over today we will get a red 5 count with possible further downside days ahead of 1. Aug. key date. (non-event?) - Price might squeeze up due to reduced liquidity on exchanges as traders pull their Bitcoins of to secure them in cold...