Torque
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March 05, 2018, 07:43:35 PM

Accumulation is happening again. But note that at these price levels, this accumulation could go on for a very long time.

You guys may die of complete boredom in the interim.



What timeframe are you talking about here? Months? Years?

Could be 8 months to a year. Note that I'm not saying the price won't move up during that timeframe, but just don't expect another 5x or 10x in 3-5 months. We'd be lucky to be back to $20k by year end. A gradual +5-8%/month is probably more like it.

The only thing that could rapidly change the game at this point, is something uber bullish like an ETF approval. I don't feel like that has been "priced in" yet.