BTC remains 'micro-volatile' with options expiry to take place tomorrow.

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I suppose that if we are all just waiting for a black swan to occur (an expected event), then the lack of the expected (black swan) is its own Black Swan? Up and down the markets go, but where they stop, nobody knows! The BTC band has continued to tighten.

A very funny candle appeared on our chart. We will wait until the segment is complete, but the very last candle has long wicks up and down! Life if full of unknowns!

Interpreting wicks and candles is a bit like reading tea leaves, in that whatever you interpret into these images will probably justify whatever theory you already believe. With that in mind, interpret at your own risk!

Coindesk's Omar Godbole has a great write up on the over 1 billion dollars in Bitcoin options expiring tomorrow, Friday.

Source: Coindesk.Com

In a way, it seems Bitcoin and its price is becoming a part of the traditional financial system. If that's the case, some very bullish prediction come into play. 100 thousand USD bitcoin seems heady now (sell the pump!), but what if BTC is headed to 1 million dollars?

Source: LookIntoBitcoin.Com

Be prepared for some ups and downs along the way though....

This is not advice, it is History. Always Do your own Homework!

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