The sting of $266 is still relatively fresh (about 4 times as fresh as the sting of $32, though that sting was much worse as price slid slowly to 1/16th and stayed very low instead of just a flash-crash to 1/5th and consolidation around 1/2).
However, if we trust zhangweiwu's analysis this thing could go huge for a few days then crash in China, taking the rest of the world along for the ride. All just a side show along the exponential highway to $10,000 and beyond.
This recent price action reminds me of early March, so maybe we consolidate for a week around $200, double a couple of times to like $800, crash to $250-300, then consolidate for a few months in the $500+ range. But of course history won't repeat so exactly.

However, if we trust zhangweiwu's analysis this thing could go huge for a few days then crash in China, taking the rest of the world along for the ride. All just a side show along the exponential highway to $10,000 and beyond.
This recent price action reminds me of early March, so maybe we consolidate for a week around $200, double a couple of times to like $800, crash to $250-300, then consolidate for a few months in the $500+ range. But of course history won't repeat so exactly.

Anyone here teach mandarin?