It's been a while, so I thought I'd chime in with an opinion, and nothing more. I may not be correct in my opinion, but I will never intentionally mislead.
For quite some time, we've had a decline, and to be far this prior decline was not much unlike those that came before it. Only, I didn't think this peak would decline like the others percentage wise. I didn't consider this past peak part of that camp, but it was. My specialty, is not trying to catch a falling knife, and I was unable to see the bottom until it became glaringly obvious to me approaching 0.04. As part of learning and growing, hopefully that will be avoided going forward. What I initially had wanted to help others to discovered turn around points on peaks, has grown more into full review and analysis, which I never intended this to be.
For some time, there was no reason to comment on the stock, as there wasn't much happening. Clearly, today, we see these stocks are tied to the BTC price. I wasn't like this in the past. As BTC goes up, so will these stocks, and as it declines, so will these stocks.
Currently, I see BTC in an uptrend that will continue for a short term, but will stop and reverse in the not too distance future. I've also mentioned for months, that I envisioned April to be an important month in the charts, and we've seen some doubling in that time. I don't think we are done, but it should be worth while to note, we are no longer at the beginning stages, and we are not at the ending stages, but we are in between. This is the point between fear and greed, when to get off the bus, and review to when to get back on the bus.
I can see this year to be extremely positive, but this cycle/peak upon us, this round, will not be a 0.50 - 1.00 run. While I do know where I think they will take this short term, and in respect to keeping some of that confidential, I would share that just play it smart, and pull out when it makes sense, only to jump back in when it makes sense.
The pendulum has switched to the other side. Only, don't be fooled by how long.
In my opinion, not financial advice, and no claim to be accurate, but just use the info how you see to best suit your investment needs.
