You are viewing a single comment's thread from:
RE: The almighty price of Bitcoin
This is definitely a risky zone to enter, as the price could seem overextended. But with Bitcoin, you never know. It is always uncharted territory! Every new bubble makes the previous one look miniscule.
Yes and know.. The history of bubbles is not uncharted as the result is always the same at some point. That being that regardless of where it ends, those late to the table are going to get hosed. The charts are saying what it should do and what every other asset prior to it has done since the beginning of indicators. Will BTC actually do it? well it tends to be driven more by irrationality than common sense so who knows...