EdC
Long

Bitcoin Analysis update 10/12/2013

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
168 1 0
Overall view bullish , but not without obstacles in the way.

There are at least 3 more resistance levels to break through before buyers are convinced to jump in
and sellers are convinced to pull out at the high.
4) (EDIT) Next level after 1080 is
1150. Consolidation price action
likely between 1080 and 1150 before
a break towards all time high.
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