Flames
Where are we now ? The market did not follow my advice to dip towards 4k and be done with it, it insisted on having some short-term satisfaction... that was nice to go with on Litecoin and ETH, but where are we now and will we keep rising, or are we at the 2013 parallel stage (see below), with the real bear market yet to come? Because that was what I wanted to avoid when I said "let's dip real low and be done with it for the year." Didn't happen, so it may happen later. Take care !
At this time, Bitcoin broke 9500 and will likely retrace to below 9k tonight, then rise again.
And boringly, the alts will all more or less follow.
We just need to wait for other liquidity to be poured in the market.
But so far, it's just those who fled into fiat coming hesitatingly back (like myself, but I went into ETH rather than BTC). No institutions in sight, see market cap, and that smells of rat - so I hope it wont level out at 10k and then dip again.