Courtesy of Read the Ticker.
We have put the call into Gandalf for his pick of the next top of Bitcoin.
Reference: Forecasting Amazon price like Al Capone
His advice is use the design law of nature, the Fibonacci Arcs, and yes $10,000 is on the table. But sadly this is only a 30% move. Get the feeling a serious correction is very very near!
However we have seen this before, warning for newbies !
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote…
…”The average chart reader is apt to become obsessed with the notion that the dips and peaks and primary and secondary movements are all there is to stock speculation. If he pushes his confidence to it’s logical limit he is bound to go broke.”…
Jesse Livermore
..“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”..
Bernard Baruch
..”It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong”..
George Soros
..”Money couldn’t buy friends, but you got a better class of enemy”..
Spike Milligan
..”Markets are designed to allow individuals to look after their private needs and to pursue profit. It’s really a great invention and I wouldn’t under-estimate the value of that, but they’re not designed to take care of social needs”..
George Soros
