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Crypto Effing With Its Fanboys

First posted on Capitalstool. Join the conversation 

Buttcoin continues to tease its fans, by hanging around 20,0000 while inexorably headed for its measured move target of 5000 below zero.

yhboe

That’s a weekly bar chart on an arithmetic scale. Cool, huh?

Now the daily chart is less dramatic, but even it points to 13,000 on the basis of a Hurst one year cycle projection.

yhbp9

What might cause a change of outlook there? For starters a rally that broke through and sustained above 23,000. Failing that, this con is headed toward the black hole singularity.

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