tradersnest

Can BTC reach next Target??

Long
tradersnest Updated   
BITSTAMP:BTCUSD   Bitcoin
So much talk of "CRASH". BTC is overbought and following the upper Fib Channel. Hard Fork may produce the push to higher levels before any meaningful correction. There is no resistance to a market making new highs.
Projected Target between 8078 and 8122 the 1.618 projection from the September low. Stay long as more clarity develops each day. Sellers be very cautious.
Comment:
High Target of 16612 Attained. Expect upwards movement till 12-18-17 before any meaningful correction.

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