Bitcoin
Short

Back to the mean sometime?

552
Im still convinced we revisit the mean before going higher, whichever mean that might be. The wave to 5k along with free BCH seemed a lot like euphoria to me. If not and this is wave 5, then euphoria is about to begin or ends in double top around 5k. With all that said Im looking for reversals of the current uptrend in the 4200-4600 range like some have mentioned on other post. From everything I've seen I still have not seen any signs to enter long at any sizable positions. It seems to me that all current buying volume is from individuals with the bulk of big money holding. I have seen no real signs of any big money entering this market and lots of hype about recovery and new ATH's are picking up very quickly. Just my analysis.

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