icheeezy
Long

BTC retrace is buying opportunity

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
156 0 0
BTC             has had a fast retrace after the massive breakout from an 8-month long upwards sloping triangle formation. 50% fib retracement aligns nicely with the breakout level of that triangle (467$). However, I will start adding longs at 500$. After the retrace is over we go back to the wild wild west im targeting 1200s but could much higher.
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