mdvisser

BITCOIN ready for a massive breakout?

Long
BITSTAMP:BTCUSD   Bitcoin
At this stage, a buy confirmation would only be advisable if BTC breaks 17522.73. A breakout towards the 18043.34 could easily see a further rally towards the 19605.19 price range. From there on the BTC/USD pair may even push for the price of 22150.55 before the first major correction develops. This next couple of weeks will be very interesting for the Crypto market, because a positive startup in Bitcoin could very easily and most probably prompt other crypto currencies to follow.

Trade with care.

MDV (Wavetrader)
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