The time has come for consensus and the hype behind blockchain tech and Bitcoin is at peak levels. The media is also taking advantage of the hype train and covering all of the action.
Aside from the bullish narrative we have sound technicals in play. A broadening bottom pattern is forming after a good weeks worth of sell side pressure from the MT Gox whale. Also, Bitcoin is still in the Daily cloud and can easily maintain an edge to edge move after a big bounce short term. Hope you all bought the dip.
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