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March 09, 2018, 05:06:54 PM
Merited by JimboToronto (1)


As soul-crushing as it feels for the price to capriciously fluctuate $2-3,000 from one day to the next:

I am still incredulous the price hasn't tested below $5,000 even ONCE since we sliced through it like butter five months ago.

The daily 200MA is still RISING and currently sits at ~$9,000.  Hell, the 100MA is only now flattening out just over $12,000!

The market has more or less ABSORBED all these Mt Gox mega-dookies, like a thirsty sponge, averaging +/-$10,000 for much of the time.

At least this time, once we finally pass $10,000 for the last time and eventually hit a new ATH, HODLers will feel like they frucking EARNED it.

  Cool

There are a lot of new hodlers who jumped on board last year. Going through a market such as this is basically a rite of passage for new hodlers. When this is all over, we'll have a new generation of grizzled, battle-hardened, strong hands.