Thursday, March 22, 2018 7:57:17 PM
No one told you to buy above .20, you did that on your own. We water these little gardens while btc is trundling along the bottom of its channel, in between news cycles, etc.
Next thing you know, boom Maserati
Then we bleed back down to the pre-existing swing channel.
It’ll happen again, more than once more probably. In fact i expect filings to raise the swing channel.
I do expect significant resistance above .40, as all the people who bought around that level both on the way up and the way down make their play to get out even. So the trip from .40-$1+ may be a little harder this time around. Once we clear $1.06 it’s smooth sailing ahead.
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