robbiegrass
Long

BTC History repeats?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTC             looking like it could go for wave 5 with target a nearly identical rise to the previous two.
Last two waves up show they where nearly identical in % up aswell as the time it took to make that increase.

It is currently following the channel as shown, A breakout from the channel occured, followed by a quick pullback to get back in the channel again.
As long as the channel is respected we should see around 19-19,3k USD in the upcomming days.

Also the Fibonacci extension to the 0.618 Fibo level is right in line with last increases and target point.
Order cancelled: Double top forced BTC out of the channel. Very likely to retest 13-14k levels again as that is where major resistance is.
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