Quick Analysis: Another Bull Trap?
My Two Cents.
Want to know the future, look to the past.
The "Big Picture" is still telling me we are on a very solid downtrend.
Now, keep in mind I'm using rough numbers here. It's not exactly up 50%, but roughly have way whatever the drop was.
My "guesstimate" is that it will hit around $8,000 and then fall back to the support line of around $5,800.
If this breaks the /$10,000 price line then I'll know we're in a true reversal back into a real bull market.
I'm probably just lucky...