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Balls of steel


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December 19, 2018, 09:50:47 PM

Well, it looks like everything is going according to the best scenario. Either this was the final drop (which I don't think so) or worst case we can go for a final capitulation FROM a higher price (ie: $4.5K to $3K) in January-March.

I also go for the second scenario because I suspect we haven't been able to accumulate enough at the bottom. Next time many will be prepared for a stronger faster bounce on huge volume.

This is fine.

We're still at the bottom. 85% down from ATH. You think peeps who bought at 3200 won't buy at 3900? Laughable. 3900 is still dirt cheap.

Why buy at 3900, when I'll be able to buy at 2900 soon?

Why are you so sure about it? Because some "expert" or some random guy said so?

Partially. Also, I expect volume to drop during the holidays, as usual, which will give the bears an opportunity to resume control.

Hardly as the weekend pumps have resumed lately...   Cool