MUSIC FOR THE NEXT BITCOIN CONVENTION…

originally published Friday, February 02, 2018

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You may recall that we called the top in Bitcoin a few days before it and after the absolute top around $20,000 on the following Monday. Since then it has plummeted exactly as predicted on our charts back then, the only slight difference being that we have seen some bounces along the way, as latecomers have been attracted by “bargain” prices, only to be fleeced along with those who bought near to the peak. Here is the chart from the 18th December article…


And this is how it looked yesterday…


It is therefore with the deepest sympathy that we modestly and respectfully suggest that this tasteful and appropriate music by Chopin be played at the next Bitcoin convention, in order to help recent buyers cope with the grieving process.


Posted at 8.45 am EST on 2nd February 18.

The above represents the opinion and analysis of Mr Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. Mr. Maund is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations mentioned in his reports. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stockmarket analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks can only be construed as a solicitation to buy and sell securities when they are subject to the prior approval and endorsement of a Registered Securities Advisor operating in accordance with the appropriate regulations in your area of jurisdiction.