Developments continue on POLONIEX:IOCBTC and with that and the current structure, price seems to be attracting toward a new, higher range due to increased demand and interest. This may look overbought from here, but the chart is already proving me right, that the fundamentals are so good on this one.
Comment:
It has reached 58000 now, it will either go parabolic now or will consolidate for a while before going up further. Hard to call it.. depends on if someone with BTC wants to push it up, but I can't know that for sure so I'm out for now and will re-enter if it drops lower.