There is no doubt that blockchain is brilliant and here to stay, but bitcoin is now a dysfunctional dinosaur. Its a brand and nothing else. It doesnt even really work if you want to use it for purchasing takes ages and costs a fortune.
Ive been shorting over the past week and got stopped out last night. Will get set again around 16k with a tight stop.
Imo this may rally again and may even hit 50k like people predict, but it is destined to be taken over by the pack and fail in the long run.
Remember myspace?
Good luck whatever your position and remember to take profits, and set stops and take your losses!
Bitcoin Charts, page-119
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