BTC has never-before seen volatility, biggest bubble of all time. If bagholders are all aboard, prepare for a dip below 2k for a swing. The market is very orderly (which is why I was able to predict both the price and time of peak, see my other account) using tech analysis only. Therefore there is sufficient evidence of a balanced disparity between insiders (brought to you by GS and company) and the uninformed.

For there to be a move above 5500 you'll need a new wave of buying pressure. This puppy is now owned by your rent seeking masters. It's up to the big players to govern how price is to move and that's largely a function of how much buying interest really remains.

It doesn't take much to realize BTC itself has dubious value; better tech will emerge in our generation. This was merely a first step. That has nothing to do with the short term price or where it finally tops if it hasn't already, though.

Goldman came out on public radio to state the price will be a buy below 2k. Wise to heed their advice here. Trick is to know which of their info they release is reliable, which requires a system in and of itself.