It appears we are having a big of consolidation here in BTC. The downward spiral has ceased, at least temporarily. This is going to be a buying opportunity although one that might be missed. I could easily see BTC taking off again. Ultimately, I foresee us blasting through 5000 and pushing the 6000 mark rather quickly. At that point, we might really be overextended but will look at that when we get there.

Just my two cents on it. Thank you for your post.