cAPSLOCK
Legendary
*
Offline Offline

Activity: 2226
Merit: 1371


UNLEASH THE FURY!


View Profile Personal Message (Offline)

Ignore
December 19, 2018, 08:33:12 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.
In the context of the time frame this is a fairly "V shaped" bounce.  

But that's a bit hopiumy I think...  I think your "B" scenario makes more sense.