Bitcoin note from the Trading Room

For lack of genuine interest, Bitcoin has flunked the reinstatement test. The $2800(!) bounce off yesterday’s low came from within 22 points — that is a fiftieth of a percentage point —  of the 87,722 target I’d advertised in the last update. There was no mention of this in the room, not even from the dozen-or-so subscribers who professed to want BTC to remain on the list. Accordingly, starting on Sunday, I will substitute Copper for BTCUSD. I am willing to provide private forecasts for anyone who wants them, but the charge will be $1500/month, and I will need at least four signups to initiate coverage. The service will come with a money-back guarantee, details on request. Serious inquiries only, at rick@rickackerman.com