bitcointrader3764

5200ish Feb 10th - Feb17th

BITSTAMP:BTCUSD   Bitcoin
See you all in two weeks!
Bitcoin still in channel...volume is, well, just not sustainable for upward continuation...less a whale wishes to spike it.
Still waiting on capitulation phase but at 5200 i dont think that will be the end. I see a run/bounce from here to prehalving...
If capitulation comes before halving i would be 50/50 on a drop afterwards...only because it is widely expected...and we all know what that means with regards performing against the belief.
I think a lot of smart oney is waiting on the sidelines and the FOMO effect has been diluted over time...or just a lot of people have left the space. You can only manipulate so much out of the unitiated before they simply go away..
Mass adoption must be at the heart of a new bull run and that will take longer than most people expect...
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