The shows a potential uptrend starting, which points to a sharp 10 day advance, today being day #1, which could top and reverse back down to support, be it at the starting point of the move like the previous 9 day rally, or maybe to the 2170 mark.
I noticed people were starting to become negative a day ago, when we were hitting support, and traders who were complaining about being in cash, and even worse shorting, started to complain about NOT being in a short anymore, and missing this action. This is typical behavior at turning points. The thing is that sentiment is rapidly switching, turning 180 degrees over the course of 2 weeks...Interesting to say the least. Combine the crowd behavior, with the fundamental information available to us from multiple sources and we can paint a vivid picture of what's going on, and what we can expect from this or any market.
Best of luck,
ps: this is the signal I sent to my clients to long: http://imgur.com/a/uEDiM "Let's try buying a 10% long in BTC now. We will add back to longs gradually."
When it comes to market timing, you have seen I am quite accurate, and it is because of focusing on the present.
I always go for unpopular trades...I was buying LTC a few days ago, before this surge, and sold already.