All I keep hearing is the reversal has happened the reversal has happened. I find it hard to believe for simple reasons.
-Reversals happen when there is a large volume spike on the presumed bottom (then referred to as reversal) -Alts are popping hard now, and usually leads to the next leg down -Overall, THE VOLUME JUST ISN'T THERE TO MAKE ME THINK THIS IS THE END OF THE "BTC DOOM" CYCLE -Hold tight and wait for the damning article that gives a hard concrete figure that proves HARDLY ANYONE PAID THEIR TAXES ON GAINS. This will then lead to the hard firm talks of regulation.
I also spoke highly of Tom Lee in the past, as someone who seemed knowledgeable and trustworthy....I now no longer feel that way. TA is no longer GOD, it is now only a tool until volume increases.