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The Preferred Choice of Oligarchs, Money Launderers, and Other Crooks

Buttcoin (BTC) is the preferred choice for money transfer of Russian oligarchs, money launderers and other criminals the world over. As such, it has enjoyed renewed popularity, settling into a trading range over the past two months.

Is that range a bottom, or a consolidation in a downtrend?

I vote for the latter. A 6 month cycle projection still points to 28,000, and a 1 year cycle projection points to 20,000. At the same time, the breakdown of the massive top pattern has a conventional measured move target of 12,000.

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March 1 – Gold Consolidates, More Upside Ahead.

Subscriber update tomorrow.

Originally posted at Capitalstool, the Stool Pigeons Wire. 

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