BTCUSD it's time for rally

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
84 6 4

i see current consolidation 10.11.2014-08.06.2015
as similar to consolidation 08.04.2013-02.12-2013. (both in blue).

the key point for rally is 477. above it we can reach 1857 very quickly.

the way to 477 is now forming like 2 bottoms.

so, i wait crab pattern with target 1857.
time frame - July 2015.

Good luck.
I wish I could share your optimism but almost nothing is left for the past 1.5 years :P The only good thing I see is something big potentially going to happen on LTC in the nearest 1-2 months. Forks are also starting to jump like rabbits.. Hope this will play out properly.
julia17 oleg.golubovich
long time consolidation is boaring for traders, they seek patterns trend etc there and then they loose optimism, what we see now. but if look on this consolidation like on time for rest before next movement, the picture looks simple and perspective.
Actually I went long recently with very loose stops and can wait for some more time. But let's hope you are right :)
+1 Reply
well done.
A bitcoin rally this month? That would be nice!
julia17 justaname
yes,let's see)
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