SBCM

Bitcoin Caution

MTGOX:BTCUSD   Bitcoin
0
This is one hell of a bubble. It will come down soon to form a trend. Right now there is no trend, just hyperbolic panic buying. By its very nature, a bubble is panic buying.

Wave 5 of the quick move is almost complete.
Wave 2 of the big move will begin shortly.

I'm not saying don't hold your Bitcoin for long term.. I'm saying you may want to consider taking some profits and look to buy cheaper. Wait for the big seller and follow his lead.
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