Replying to Avatar Nice and Kind Vic

Today's Lines on Charts .... Daily still in a clear downtrend. Death Cross may be within the following week's weekly close. On a shorter time frame, bearish pennant taking shape for stair step down. FWIW, this has little to do with Germany selling coins, or Mt Gox., etc. We are still generally overpriced for this point in the cycle. Mayer Multiple notches up slightly from .965 to .970

Not financial or trading advice. I have no idea what I'm talking about. mostly.

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ish4k 1y ago

honestly? I hope I'm terribly wrong, but $40k seems to be on its way if that's a pendant indeed, which would give us the macro top. then: retest $60k and doom.

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Zach⚡️ 1y ago

Doom it is! 🤣

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