The pattern on the Bitcoin charts has all the hallmarks of a final terminal blow off that will be followed by a catastrophic wipeout and probably soon…The inexperienced get rich quick merchants who have been flocking in droves to Bitcoin in recent weeks will be vaporized.
The original article by Clive Maund has been edited for length (…) and clarity ([ ]) by munKNEE.com to provide a fast & easy read. For all the latest – and best – financial articles sign up (in the top right corner) for your free bi-weekly Market Intelligence Report newsletter (see sample here) or visit our Facebook page.
We are seeing really extreme manifestations of mania suggesting that the top is at hand, and if not we are very close to it.
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