ChartArt
Long

Bitcoin Spring rally resumes the large uptrend

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
It's Moonday :) We had several days of sideways accumulation after the final re-distribution. Today starts a new multi-day mark-up phase*, which enables targets of $315 and up to $350 until April 2015. I expect bears to get over-run by bulls in a short-squeeze in the coming days. I have annotated the chart (mouse-over to see the descriptions).

Entry: $278
Stop-Loss: $266
Target: $350

//UPDATE// Entry was $278, price 5 hours later: $287

*Wyckoff cycle explanation: http://static.safehaven.com/authors/ticker/21563.png
What's after 350 is this is a long-term bull trend?
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jangseohee rivet.popper
Lets see whether it can reach the green zone first
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looks like it
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