Before I start, check out this entry - Long Bitcoin made exactly 40 days before. So I do reserve some boasting rights about it, but let me tell you that I didn't make a single penny out of it. The risk and reward were badly stacked against the odds (RBI decree) but the gains have been stupendous. Guess what? Bitcoin simply doubled in almost 1.5 months.
My guess is it will not stabilize anytime soon and mark my words -this is not coming down any time soon. We are still far far away from the crest like it happened during Tulip mania. My guess it should triple after a cup and handle, so we are looking at a figure of 1 BTC = 3000 USD coming very very soon.
My guess is it will not stabilize anytime soon and mark my words -this is not coming down any time soon. We are still far far away from the crest like it happened during Tulip mania. My guess it should triple after a cup and handle, so we are looking at a figure of 1 BTC = 3000 USD coming very very soon.