Dontbethatguy
Long

$BTC.X There is absolutely nothing in her way now.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Both TL have been broken. its only a matter of time before we start smacking the fibs again. Have fun!
Comment: 8604 hit
Not really...log 20k trendline hasn't been broken and we haven't broken daily 50 MA which are both key for reversal.
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Dontbethatguy BTC_Dreamer
@BTC_Dreamer, first target at 8.6. Hit
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BTC_Dreamer Dontbethatguy
@Dontbethatguy, That's great news because 50MA was at $8.4 so breaking that is a great sign. $8580 is log trendline! It just touched it ever so slightly but still trading under it. If that's broken with conviction, we'll go to 8.8k - 9.1k, which forms a giant iH&S pattern, which means we'll have to drop to mid $7000s to complete the right shoulder and finally moon!
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Dontbethatguy BTC_Dreamer
@BTC_Dreamer, if one thing i have learned about BTC, is that the usd/btc or any fiat to btc is just not the correct for pattern predictions. too many world currencies to pin it on just one.
My gut tells me its just a steady climb to the ath. We shall see.
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