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vk
Mar 22, 2015 10:34 PM

my own "What-If-BTC-Will-Go-Above-300" plan Long

Bitcoin / DollarBitfinex

Description

By taking into account several fib extensions based on those multiple impulses which we had during last 3 months it seems like if we're going to break 300 then it will probably be rejected around 340+/-5 and will try to go back to test 300ish as a support level. The peak at ~340 will form a new ascending triangle which will(hopefully) be broken by a new "hey guys the BTC price is above 300" trend which might also get some new fuel from GBTC finally becoming available for retail/institutional investors. If 300 will stay as a support lvl then 400 looks like a good next target. So the plan is to sell @340 buy back at 300-315 and then keep it till 400...
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