WaveScientist
Long

Bitcoin...looks like the train is about to leave the station...

BITSTAMP:BTCUSD   Bitcoin / Dollar
Wave 1 stopped at 684 (target was 685) and we are now in the buy box for wave 2....a little ahead of schedule.

Main support: 660 - 645...although it could reverse upwards from as high as 669
Invalidation of the entry: below 626
Invalidation of the pattern: below 608

From where we are now, breakouts over the top orange line can also be bought.

Looks like this could be fun.

Good luck!
Comment: Note: This is a long term trade/investment entry. - it doesn't look like we'll see the 600's again any time soon. I personally am adding to an existing long term position.
Comment: Quick update: no real update, except to note that the pattern is confirmed, and we are on track. We should now be able to get to the 780 - 820 area over the coming days/weeks without serious resistance.

I'll update with a new chart if anything significant changes.
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