...a big, brown, smelly loaf that could peel paint off the walls. We have divergence on the 4hr chart with the RSI. Also, the Chaikin Money Flow is bearish across all time frames. I'm still out on this bounce guys. I think the top of the bounce could be as little as 7000 or 7100. Why take risk when 7100, (white trend line) poses as a huge resistance? Bitcoin is making what I call a bear crap. It's gonna rip our heads off and shit down our throats if we're not careful. As I write this it looks like the bear is doing the ol' heave ho already. My mid-term projection from May 30th remains: $5025. As always, take my charts with a grain of piss.
