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RE: Somethings Wrong - Markets are UP?

in #bitcoin6 years ago

Let's not be in too much of a rush to celebrate. I was a currency Trader for years and noticed a peculiar behavior of price around the holidays. Often price would reverse near Christmas because of light demand or certain participants leaving the market for vacation. This might just be the way for of the Elliott wave theory which leads to a further correction down after everyone returns from holiday. We won't know until after New Year's. So celebrate now but make sure the celebration is a small one.

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Yeah, It's hard to ever know whats going on in the markets... But, like I said, It's a small relief after watching the markets collapse 50%.
Hopefully it sustains.
I still refuse to look at my Eth wallet...