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Re: acnyc post# 31493

Friday, 05/25/2018 11:40:28 AM

Friday, May 25, 2018 11:40:28 AM

Post# of 33032
I'm not seeing us having hit bottom yet, I don't see clarity with any certain signs. I thought that would have happen this week, but I think we're going to get pushed into next. A lot of the other sectors stocks are showing more obvious signs they haven't bottomed yet.

Additionally, I think this is the weekend BTC may make a move, maybe up, then fall next week. Or, maybe it does it all weekend and we end up lower next week. Can't say for sure, but it doesn't feel like the bull run is ready just yet.

Further, I'm not liking what I'm seeing in GBTC, which tracks BTC rather well. Coming right out of the lower band, and forming so far a doji (star), a potential signal for a turn around to again head south. If we align the prior lows, it's suggesting about a 10% decline in that ticker.

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