Bitcoin Price Analysis (Update)

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi traders!
Here is a slight update on Bitcoin and the next expected move (after a valid breakout). As I have mentioned in my previous post, we require closing above $11,900 for Bitcoin to reach $12,700.
Previous idea:

Let see how the price action develops in the coming hours.

- Abdulla
Hope this analysis helps.
@AAlFadhala Do you think it will rise to around 10800 than continue the bearish move down to around 9500?
Well... looks pretty valid to me, damn bears..
@AAlFadhala What is the target now?
soccerbeme GUilhermetv
@GUilhermetv, It will likely rise back up to the resistance at the bottom of the triangle, then follow that downward arrow
@AAlFadhala valid breakout?
lol, omg, its going down now. I lost money, hix hix @AAlFadhala
Thanks AAlFadhala for the good analysis
can't imagine we're going up fast in the next days. and even if, wheres the target, 13k or 13,5k maybe? yawn. well, rather hope we go down a bit or level around 9-10k for a clear trend
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