{"id":214,"date":"2017-12-25T16:38:32","date_gmt":"2017-12-25T16:38:32","guid":{"rendered":"http:\/\/stockpicks4you.com\/?p=214"},"modified":"2017-12-25T16:39:32","modified_gmt":"2017-12-25T16:39:32","slug":"the-bitcoin-holiday-pop","status":"publish","type":"post","link":"https:\/\/stockpicks4you.com\/index.php\/2017\/12\/25\/the-bitcoin-holiday-pop\/","title":{"rendered":"The Bitcoin Holiday Pop"},"content":{"rendered":"<p>The holiday pop occurs just after a holiday break. Its the sign of a mania. The\u00a0 sheep go back to the family\/friends and tell them how easy it is to get rich. The family and friends all bright eyed, buy it hook, line, and sinker. They buy. Than you see a jump in prices as the last fool attempts to buy at the top. Bitcoin had a holiday pop after thanksgiving. I suspect we will have another holiday pop after Christmas and New years.<br \/>\nI had some one at my family gathering talking about bitcoin.<br \/>\n&#8220;Just buy bitcoin and relax. It&#8217;s going to $150,000. Didn&#8217;t you read the latest article?&#8221;<br \/>\nThis is despite the fact the author of the article is unknown with no track record.<br \/>\n&#8220;No, this guy is an expert with cryptocurrency. I listened to him and bought 6 weeks ago and have already doubled my money&#8221;<br \/>\nYou have not doubled your money. You have a profit on an open position. Until you sell that&#8217;s all you have. But why would he sell? He thinks its going to $150,000. You also know what I think about &#8220;<a href=\"http:\/\/stockpicks4you.com\/index.php\/2017\/12\/17\/knowing-something\/\">experts<\/a>&#8220;.<br \/>\nI showed him the market watch website:<br \/>\n<img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"215\" data-permalink=\"https:\/\/stockpicks4you.com\/index.php\/2017\/12\/25\/the-bitcoin-holiday-pop\/market-watch\/\" data-orig-file=\"https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/market-watch.png?fit=960%2C623&amp;ssl=1\" data-orig-size=\"960,623\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"market watch\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/market-watch.png?fit=300%2C195&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/market-watch.png?fit=660%2C428&amp;ssl=1\" class=\"alignnone size-full wp-image-215\" src=\"https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/market-watch.png?resize=660%2C428\" alt=\"\" width=\"660\" height=\"428\" srcset=\"https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/market-watch.png?w=960&amp;ssl=1 960w, https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/market-watch.png?resize=300%2C195&amp;ssl=1 300w, https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/market-watch.png?resize=768%2C498&amp;ssl=1 768w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><br \/>\nI told him this was a danger sign. This is the sign of a top. This is a sign that you are not buying low and selling high. The fact that we are all here talking about bitcoin is another danger sign.<img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"216\" data-permalink=\"https:\/\/stockpicks4you.com\/index.php\/2017\/12\/25\/the-bitcoin-holiday-pop\/bitcoin\/\" data-orig-file=\"https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/bitcoin.png?fit=969%2C540&amp;ssl=1\" data-orig-size=\"969,540\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"bitcoin\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/bitcoin.png?fit=300%2C167&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/bitcoin.png?fit=660%2C368&amp;ssl=1\" class=\"alignnone size-full wp-image-216\" src=\"https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/bitcoin.png?resize=660%2C368\" alt=\"\" width=\"660\" height=\"368\" srcset=\"https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/bitcoin.png?w=969&amp;ssl=1 969w, https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/bitcoin.png?resize=300%2C167&amp;ssl=1 300w, https:\/\/i0.wp.com\/stockpicks4you.com\/wp-content\/uploads\/2017\/12\/bitcoin.png?resize=768%2C428&amp;ssl=1 768w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><br \/>\nWatch for the holiday pop. If it does not take out the old highs it is a top. I believe we have seen the top. I said so <a href=\"http:\/\/stockpicks4you.com\/index.php\/2017\/12\/17\/easy-to-get-in-hard-to-get-out\/\">here<\/a>. This price action looks like an exhaustion of buyers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The holiday pop occurs just after a holiday break. Its the sign of a mania. The\u00a0 sheep go back to the family\/friends and tell them how easy it is to get rich. The family and friends all bright eyed, buy it hook, line, and sinker. They buy. Than you see a jump in prices as &hellip; <a href=\"https:\/\/stockpicks4you.com\/index.php\/2017\/12\/25\/the-bitcoin-holiday-pop\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">The Bitcoin Holiday Pop<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-214","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9wXzO-3s","jetpack_likes_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/posts\/214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/comments?post=214"}],"version-history":[{"count":2,"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/posts\/214\/revisions"}],"predecessor-version":[{"id":218,"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/posts\/214\/revisions\/218"}],"wp:attachment":[{"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/media?parent=214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/categories?post=214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/tags?post=214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}