Hanu0303

One more pump and then we wait

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
If we look at what happened in July 2013 we had a good little pump before slowing down for a long bear market.
This time around we will be lucky if we hit near USD8,800.
But we are in for some sideways trading before BTC goes up to above US$9,000 again. Hopefully the wait will be shorter than after the drop in 2013.

This is my best guess for now. Luckily I won't have to wait too long to find out if I'm wrong :)
Comment: Slightly adjusting the high we may reach with this move.

Comment: Amended target of $8150 reached.
I've taken some profit and setting some stops around $8010... it may be a bit too tight. But will see.

Comments

Hahaha... pretty good prediction I think :)
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