Dangerous times right now in the market.. I see Bitcoin price action as an accelerated visual representation of greed and fear at work. That said everything is cyclic and human nature fails to change. We are still the same greedy selfish assholes we were when we lived in caves, we are still the same bunch that runs up and summarily crashes every market top at some point. We, and accordingly price action and patterns based on our irrational behavior fail to change.
I'm keeping a close eye on Bitcoin at the moment as I feel it is a somewhat dangerous point to enter the market in the $11,500 range. I will wait for a week over week correction and to see how this futures things plays out before making any moves of significance.
https://steemit.com/bitcoin/@pawsdog/12-5-2017-the-market-view-and-trading-outlook
Great content and thank you for sharing GM. I miss NYc, stay warm🤘🏼