Bulls are in Control

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
Market has been pumping relentlessly with little pullback since lows around 1951. We currently sit just under the final major bearish trendline taken from all time highs down to recent highs, around 2740.

Many bears have been given reasons for grievance and will continue to do so imo             . I'm not expecting much respite until we reach 3039 ish             ($499)
great analysis Sunny!

It seems very "probable" that price can at least rest up here, but don't see any evidence yet that a big reversal is in play. Trend has been up for several days, needless to say the reversal was excellent, and now the weekly picture (for all intents) is bullish as well. To this end, and dip / consolidation is a potential long entry for the next target you highlighted (which on BCTUSD is 465-490 depending on what timeframe dynamic level you use).

SunnyBTC SPYderCrusher
Sweet. Thanks for feedback man :)
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