$BTCUSD – Bitcoin (Last:90,020)

I predicted earlier in the week that this hoax would probably go no higher than 90,941 over the near term.  In fact, an easily tradeable top did occur at 90,935 on Friday, meaning the forecast missed by just 0.006%, or six-thousandths of a percentage point.  That’s pretty routine for spontaneous trade recommendations posted in the chat room, as any subscriber could attest, and it could have made an alert scalper more than $2,000 if he or she got long when the target was posted, then another $2180 if the position was reversed ahead of the subsequent swoon.  Sadly, the reaction in the chat room to this dead-center bullseye was muted, to put it mildly, leaving me with little incentive to continue covering Bitcoin.  Accordingly, unless I hear from at least a dozen subscribers who want BTC to remain on the list, I will substitute another symbol, presumably one that has greater significance for the economy. If you are pimply-faced robinhoodie who has followed my Bitcoin touts surreptitiously, your vote, too, will count, but you’ll need to subscribe to Rick’s Picks for money to record your preference in the chat room.

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